Answer:
EU's influence most of the economies, its greatest influence is in
following areas:
- The EU is the lasrgest trading block in the world, and it has
the largest economy of the world.GDP per capita of EU is 25,000
Euros.
- The EU is the worl largest trader of manufactored goods and
services.
- All the member nations of EU behave like a single unit with
same currency and single Visa policy for all practical purposes
behaves like a single Giant country. Because of which they are very
strong both from defense perspective as well as from Economic
perspective.
- EU is also most open to developing countries and imports more
from developing countries than US, China, Japan included if fuel is
removed from the import.
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