Why is the EEA agreement important for Iceland's trade?

Answer and explanation

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

  1. Step 1: Iceland chose to remain outside the EU. Step 2. The EEA keeps trade with the EU open. Answer: It gives Iceland access to the single market without full EU membership. Why not the others: The other claims are untrue.

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Why is the EEA agreement… | Icelandic General Knowledge