The Common Market

The Common Market in Europe

Description of The Common Market

The Concise Encyclopedia of the European Union describes the common market in the following terms: [1] For many years the generally used term for the European Economic Community, later re-named the European Community. The term originally denoted the customs union envisaged in the 1957 Treaty of Rome (see more in this European encyclopedia). It is sometimes still used loosely (especially by those who close their eyes to the reality of political integration) to refer to the single market, now that the wider political, social and economic set of policies and institutions has become known as the European Union.

Resources

Notas y References

  1. Based on the book “A Concise Encyclopedia of the European Union from Aachen to Zollverein”, by Rodney Leach (Profile Books; London)

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