European Community Single Market

European Community Single Market in Global Commerce Policy

In this regard, european community single market is: launched in 1987 through the Single European Act, an amendment to the Treaty of Rome, and achieved in 1992. The entries on trade policy are here. It entailed the elimination of the remaining physical (customs), technical (standards and licensing) and fiscal barriers between the then twelve members of the European Community. This not only meant that goods and services produced in one member state had unhindered access to the other member states if they were wanted there, but also that foreign goods and services, once they were lawfully imported by one member state, could then be transferred to any other member state. The entries on trade policy are here. Even then, there was a view at the time of its creation that it would not lead to a single market, and that without further reforms the European Community market would remain a collection of twelve national markets. The entries on trade policy are here. A 1985 European Commission White Paper contained 282 draft directives seen as essential for achieving the Single Market. See also European Community legislation and four freedoms.[1]

European Community Single Marketin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “European Community Single Market” entry (OAS)

See Also