INTERNAL MARKET

Question 1

LEVELS OF ECONOMIC INTEGRATION

Answer 1

FREE TRADE AREA
- countries that have signed agreement and removed all customs duties and quotas internally
- each state can determine its own level of customs duty on imports coming from states outside FTA
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CUSTOMS UNION
- tariffs and quotas on trade are removed between members of the customs Union and common level of Tariff in goods entering from outside the Union
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INTERNAL MARKET
- includes free movement of goods within customs Union and de factors of production (labour capital and enterprise) and services
- aim is optimal allocation of resources for the EU

Question 2

INTERNAL MARKET

Answer 2

• art 26(1) TFEU and art 3(3) TEU regards Union adopting measures with aim of establishing or ensuring the functioning of the internal market
  Basically EU creates internal market
• art 26(2) regards what internal market is which is an area without internal frontiers in which the free movement of goods services persons and capital is ensured in accordance with provisions of treaty

Question 3

CUSTOMS UNION

Answer 3

• art 28 TFEU which lists aim of establishing customs Union
• also that it will cover all trade in goods and prohibit between MS of customs duties on imports and exports and all charges having equivalent effect (internal trade) and adoption of common customs tariff in their relations with third countries (external trade)

Question 4

Shanks

Answer 4

Haha

Question 5

TREATY SCOPE ON GOODS

Answer 5

• need to establish that you are dealing with goods
• definition is in 7/38 commission v Italy found goods can be valued in money and are capable of forming the subject of commercial transactions
• money can be a good as long as it is not a tender case 7/78
• electricity also 158/94 and waste 2/90
• must also be a cross border element Go between MS or EEA country
• MS can adopt measures to their disadvantage that affects domestic products (reverse discrimination)
• if goods enter EU produced in third country they are in free circulation and free movement of goods applicable
• lastly have to define MS this is central and local government, professionally regulated bodies and private bodies supported by state (buy Irish campaign)