The Iberian Countries in the EEC—Risks and Changes for Their Manufacturing Industries

Juergen B. Donges and Klaus Werner Schatz

Chapter 9 in European Integration and the Iberian Economies, 1989, pp 254-306 from Palgrave Macmillan

Abstract: Abstract After more than eight years of complex and often contentious negotiations, the European Community (EEC), reached, in March 1985, an agreement with Portugal and Spain about their adhesion to the Common Market. Membership became effective on January 1, 1986. From which time onwards the existing mutual tariff and non-tariff barriers are gradually being removed. Thus the Iberian manufacturing industries hold the prospect of getting new outlets for their exports, but also face a rise of import competition which may call for considerable structural adjustment.

Keywords: Foreign Direct Investment; Comparative Advantage; Employment Change; Manufacture Export; Revealed Comparative Advantage (search for similar items in EconPapers)
Date: 1989
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DOI: 10.1007/978-1-349-09712-8_9

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