The EU (European Union) is not created to compete with any other economy in particular: we can exclude the options which mention United States and Asia.
It was rather create to boost the economy of the member states by creating a common market and decreasing the obstacles: the correct answer is:
<span>create a single regional economy among its members
</span>
Answer:
Meritocracy is defined as a bureaucracy where membership and advancement is based on proven and documented skills.