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Single European Act and Europe 1992

Most important thing around EU integration in 1992 was creation of single EU market. The creation of a single common market was envisioned in the Treaty of Rome, signed in 1957.

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language english
wordcount 893 (cca 2.5 pages)
contextual quality N/A
language level N/A
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Preview of the essay: Single European Act and Europe 1992

The treaty required the member states to eliminate quantitative restrictions in trade and established a customs union. Further steps toward a true common market were delayed, however, until 1985, when economic stagnation ...





... each Member State, and that the removal of trade barriers leads to a reduction in business costs as well as increasing competition and stimulating efficiency, benefiting consumers and encouraging the creation of jobs and wealth.
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Economics
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Humanistic Studies
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Politology
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