1. Identify the correct statement with regard to the 'Zollverein' from the following options. (a) It was a measuring unit of cloth in Germany. (b) It was a class of traders in Germany. (c) It was a customs union formed in 1834. d) It was the Congress hosted by the Austrian Chanceiior Duke Metternici i 16/5 .
Answers
Answer:
(c) It was a custom union formed in 1834.
Answer:
(c) It was a customs union formed in 1834.
Explanation:
At the initiative of Prussia, Germany's predecessor, a Customs Union known as Zollverein was formed in 1834. The Zollverein was the first time in history that independent states completed a full economic union without simultaneously forming a political federation or union.
By 1866, the majority of German states had joined this union. It established a free-trade zone across much of Germany and is widely regarded as an important step toward German reunification. It contributed to the awakening of national interest among Germans by fusing individual and provincial interests.
In 1818 Prussia enacted a tariff law abolishing all internal customs dues and announced its willingness to establish free trade with neighboring states. The primary goal was to manage tariffs and economic policies within their respective territories.
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