Introductions to Articles Flashcards
Internal Market
A specific stage of economic integration between member states. Economic integration refers to an arrangement by which countries agree to coordinate their trade and monetary policies.
Free trade area
removes all custom duties and quotas between themselves. Goods can move freely between member states without limitations on quality and without being subject to further pecuniary charges which may make non-national goods uncompetitive.
Can member states impose quotas and custom duties on countries outside of the EU
Yes
Customs union
Introduction an agreement between member states to impose a common level of duty on goods from non-member countries.
Article 28 TFEU
The union shall comprise union which shall cover all trade in goods and the adoption of a common customs tariff in their relations with their countries
Article 31 TFEU
Commons customs tariff duties shall be fixed by the council on a proposal from the commission.
Principle of non-discrimination is in enshrined in which Article?
Article 18 within the scope of application of treaties and without prejudice to any special provisions contained therein, any discrimination on grounds of nationality shall be prohibited.
What treaties govern free movement of goods?
Article 30, Article 34, Article 35, Article 36, Article 110
Article 30
Tariff barriers to trade prohibiting customers duties and charges having equivalent effect.
Articles 34/35
Non-Tariff barriers to trades prohibiting quantitative restrictions and measures having an equivalent effect on imports
Article 110
Prohibition of discriminatory national taxation.