We
The Internal Market. Free movement and economic integration
-
->
synonymous.
erfeetto a
3-Giving internal market.
single
->
Free trade areas have their own national commercial
policies, could be less feasible.
Deflection rates
of interest occur if goods
->
only
originate from the state themselves in free-trade areas.
-> Implication ofthis is that border control is needed
to separate the goods.
, <Non-pesunarly
↳Arise later.
burden regulations.
-Dual
of
, -
-
Not ideal.
State from which
->
e n
-
goods are imported.
State A
aus-state
-
-
- -
No
- Degulatory powers
powers.
-
-> A manufacturer can choose the member state it
wishes to be established in and the
regulatory
powers ofthat member states
apply. This incentives
member states to have attractive laws for
manufacturers to base their businesses.
-> Danger is thatcountries might reduce their
to the extent
requirements to which it effects their
to attractmanufacturers.
economy
promotes
negatively level of trust.
-> hig I