Europe 1992 and its Possible Implications for Nonmember Countries

Bela Balassa
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Bela Balassa: The Johns Hopkins University

Chapter 15 in Policy Choices for the 1990s, 1993, pp 363-384 from Palgrave Macmillan

Abstract: Abstract A common market has been defined as combining a customs union with free factor movements, where a customs union involves free trade within the union together with common tariffs (Balassa, 1961, p. 2). After noting the extent to which the European Community (EC) has conformed to this definition of a common market, this chapter considers the changes that the implementation of the Europe 1992 program is expected to bring about.

Keywords: Capital Movement; Trade Diversion; Government Procurement; Import Quota; Excise Duty (search for similar items in EconPapers)
Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-13033-7_15

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DOI: 10.1007/978-1-349-13033-7_15

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