Correct.
See also the question "What is the European Union?".
seato
They controlled Muslim lands economically, tecnologically,and/or through military attacks.
Countries that were colonized by European nations had the benefit of a military presence that less developed nations did not have access to. However, these same nations had to fight for independence from the colonizing nation to benefit from the resources that were previously taken away and sent to the homeland.
The US was better off than any of the European nations, Germany was especally hard hit.
It gave us a European sanction to conquer lands held by the aboriginal peoples .
The Marshall Plan allowed nations to rebuild their economies and infrastructure based on low-cost or no-cost American loans and material.
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Reducing trade barriers
China rapidly industrialized in hopes of competing with European rivals.
Nope
The European Union has tied the nations of Europe more closely together economically, and arguably culturally, as well. The development of a common currency has made where each individual nation has more economic interest in the others.
European nations benefited from their African colonies in several ways, including access to valuable natural resources, new markets for their goods, and opportunities for economic and political expansion. Additionally, colonies provided a source of cheap labor and military manpower for the European powers.