Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: Single Market of the European Union | Statement: [Economic and Monetary Union of the European Union, relatedTo, Single Market of the European Union]

Target entity: Single Market of the European Union
Context triple: [Economic and Monetary Union of the European Union, relatedTo, Single Market of the European Union]

• A. European Union internal market chosen
  The European Union internal market is a single, integrated economic area across EU member states in which goods, services, capital, and people can move freely under common rules and standards.
• B. European Union economic and monetary union
  The European Union economic and monetary union is the EU framework that coordinates economic policy and establishes a single currency and monetary policy for participating member states.
• C. European Union customs union
  The European Union customs union is an integrated trade area in which EU member states apply a common external tariff and eliminate customs duties and quotas on goods traded between them.
• D. European Economic Area
  The European Economic Area is a regional agreement that extends the European Union’s single market to certain non-EU countries, allowing them to participate in the free movement of goods, services, people, and capital.
• E. European Economic Community
  The European Economic Community was a regional organization founded in 1957 to foster economic integration and create a common market among its member states, serving as a key precursor to the European Union.
• F. None of above.
• G. Unsure - the case is ambiguous/there is not enough information to decide.