Which of the following is NOT considered an advantage of the single market?

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It enables nations to better utilize their comparative advantages.Businesses can more easily take advantage of opportunities.It promotes economies of scale for companies.It leads to increased competition among firms.It simplifies the process of booking vacations within member states.

Explanation

Options A through D describe genuine benefits of the single market, such as enhancing comparative advantage, facilitating business opportunities, achieving economies of scale, and boosting competition. However, option E, regarding easier holiday bookings, is not a recognized economic benefit of the single market.