Macro final > Session 4 > Flashcards

Session 4 Flashcards

(10 cards)

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1
Q

Treaty of Rome

A

-1957
- EEC

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2
Q

EEC treaty (4)

A
  • Common market
  • Customs union
  • Common external tariff
  • Joint policies
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3
Q

Common market (2)

A
  • Countries agree to gradually align their economic policies, competition free
  • Big 4
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4
Q

Customs union (CU)+ date

A

Abolish quotas and customs duties between countries (1968)

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5
Q

Common external tariff

A

Common tariff for exports

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6
Q

Joint policies

A

CAP, transport, trade…

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7
Q

Single market

A

Article 26 TFEU : Free movement, mutual recognition

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8
Q

Four freedom

A

Restrictions to free movement have been allowed if puts at risk public order, health, cultural heritage or industrial property

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9
Q

Internal market

A

Sustainable development of Europe, free movement

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10
Q

Non-harmonized products and services

A

Obstacles to the single market since not all the members live in the same reality. + miss-interpretation

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