Why did they call the movies Beauty and the Beast?
Beauty as in the lovely girl, Belle, and Beast because of the animal turned prince who grows to love her.
France is the traditional setting for Beauty and the Beast in fairy tales and movies. The opening song of Disney's Beauty and the Beast, "Bonjour", indicates that the Disney movie is also set in France as "bonjour" is the traditional greeting in France. Since it is a Disney movie and the characters speak English and not french, that is really the only indication that I could find of suggested location in the movie.