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Single European Market

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by

Ariane Re

on 22 April 2014

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Transcript of Single European Market

-Common Market: the four Freedoms
-Development Timeline
-Advantages and Disadvantages
-Impact on EU
-Sources
Content
economic area with four freedoms: people, services, capital and goods
common customs tariff in foreign trade
objectives: to promote the production, preservation and improvement of competitiveness, job creation
the largest single market world-wide
Common Market
Freedom of persons
- simplified mobility
-„Europe is my home“
-more cultural exchange
-free choice of residence
Advantages
Impact on EU
Development Timeline
Freedom of persons
-no border controls
-higher crime
-basic population movement from East- EU to West- EU
-labor migration
Disadvantages
Text
Sources
Single European Market
Pictures
http://www.actionillustrated.eu/img/map-eu-cropped. png
http://www.jameselles.com/wp-content/uploads/2014/01/1 .jpg
http://www.bruegel.org/uploads/herder_image/crop_480_220_single_market_and_growth. jpg
https://encrypted-tbn3.gstatic.com/images?q=tbn:ANd9GcQgntkH2MsKSItOzKfvWxi-ocuhGkCiN2yUpUEaysn6GSIii2jC
Bundeszentrale für politische Bildung (2012): Information zur politischen Bildung, Europäische Union
https://docs.google.com/viewer?a=v&q=cache:yoyYLNorK5MJ:www.wirtschaftsdienst.eu/downloads/getfile.php?id%3D2313%26PHPSESSID%3D+%C3%B6konomische+Bedeutung+des+Binnenmarktes&hl=de&gl=de&pid=bl&srcid=ADGEESgyTaCw13gX0XDJ3AfTRQkUk1LQlhFixFZAugo5otR9Koihg83ciGVJUxWpvtGOZEFFF18bQX4tDW4yGAYgjjTGfRpKosxphq_vktTAMxkrkH10GqWub89erMg_5cxmgLl7t2Di&sig=AHIEtbRKy-Bhfc6Apr6Vv_byf35l0pfQBQ
http://www.eu-eqt.de/eu_dlm/html/module_deu/07deu.pdf
1970-
2000
1985
2014
1993
1973
1967
various other countries joined the EC
Commissions White Paper was adopted
the single market was officially passed
28 member states
EC was officially formed
Denmark, UK & Ireland
joined the EC
ESCS
1951
european economy has grown
freedom of trade lowers the barrier for market entry
potential competition from abroad affects disciplining domestic suppliers -> prices go down, quality rises
huge market, which is difficult to achieve for non-EU countries-> protectionism -> less susceptible to imports from non-EU zone
euro as common currency
Video

http://www.youtube.comwatch?v=8MrWS2OKl24
Question
Comment on the video. What is your opinion about the single market?
Freedom of service
-increased network of services and cutting red tape
-faster business start-up
Freedom of capital
-tax evasion
-capital flight
Freedom of service
-price distortion
-confusing offer
Freedom of goods
-smuggle of illegal products
is facilitated
Freedom of capital
-more competition
-easy creation of bank accounts
-simple foreign transactions
-easy transactions in Europe
Freedom of goods
-higher range of goods from other EU-countries
-price reduction of products
Full transcript