The European Union

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The European Union 1957, Treaty of Rome • IIn 1957 1957, th the six i ffounding di countries ti ddecided id d tto bbuild ild a EEuropean Economic Community (EEC), based on a wider common market covering a whole range of goods and services. • The common market was established with the Treaty of Rome 1957. • The common market intended to eliminate all trade barriers between the six countries with the aim of increasing economic prosperity.
The European Union 1986, Internal Market • A lack of progress led the Community in the mid-1980s to consider a more thorough approach to the objective of removing trade barriers, with more effective methods: the internal market. • Thi This wasprimarily i il sett outt iin th the celebrated l b t d CCommission i i Whit White PPaper off June 1985 and incorporated in the Treaty by the 1986 Single European Act. • The internal market ensured four freedoms of movement: Goods Services PPersons Capital • The internal market was completed in 1993.
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The European Union

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