What did the 1994 EEA agreement do for Iceland?

Answer and explanation

Correct answer: B. It gave Iceland access to the EU single market without full EU membership

  1. Step 1: Iceland is a member of the European Economic Area together with Norway and Liechtenstein. Step 2. The agreement covers trade and movement of goods, services, people and capital. Answer: It gave Iceland access to the EU single market without full EU membership. Why not the others: Iceland did not join the EU, has no commissioner, and still uses the króna.

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