Which of the following is seen to be a consequence of the expansion of the EU from 15 nations to 28 nations? Multiple Choice delays in decision-making processes euro becoming the most traded currency in the world huge initial impact on the overall economic welfare elimination of the sovereign debt crisis

Option A. Delays in decision-making processes

Explanation:

Option A is correct because European union used to have to make decisions for more countries now and such unions have to sort out the issues among the countries which is very time consuming.

Option B is incorrect because euro has emerged as one of the most traded currency but it is not the one which is most traded currency in the world because GDP of European union is below $18.29 Billion which is far much below US. Though their is increase in the trade of euro currency but most of the countries in the world trade in dollars.

Option C is also incorrect because the inclusion of more countries has no doubt resulted in the welfare of the members but it hasn't benefited the union equally. This is the reason why UK left the European Union and in the past, Germany was also thinking of to exit. So it has though benefited but not to every member.

Option D is also incorrect because the inclusion has not eliminated the sovereign debt crisis. In fact the debt crisis has been increased because of no restriction of purchases among the member countries which is the main reason of the increase in the debt crisis.