Single European Market

Question 1

What is a non-tariff barriers to trade ?

Answer 1

• Quotas
• Subsidies/income support

Question 2

What is a Tariff barriers to trade ?

Answer 2

Tax

Question 3

What are the four freedoms?

Answer 3

• Free movement of goods
• Free movement of People (live in other countries)
• Free movement of capital (Opening a bank account in Spain)
• Free movement of services (free phone data in spain)

Question 4

What does the Cassis de Dijon case say?

Answer 4

If a good could be sold legally in one member state it could be sold legally in any of the member states.
fx - French liquor made (15-20% of alcohol) – national German
rule sell fruit liquor 25% of alcohol

Question 5

What is Harmonization and what is the goal?

Answer 5

Making rules and regulations more similar or consistent among member countries. The goal is to reduce trade barriers and promote cooperation among EU nations.

Question 6

What is Social dumping?

Answer 6

Companies try to save money by hiring workers from countries with lower wages and weaker labor protections

Question 7

What was the Single European market called before?

Answer 7

Common market

Question 8

What is Dumping?

Answer 8

When products are sold under the cost price in different countries.

Question 9

What is Permissive consensus?

Answer 9

Means that member states have the freedom to make their own choices on certain matters

Question 10

What is Hard vs Soft Brexit?

Answer 10

• Hard Brexit: UK leaves the EU and doesn’t have any of the 4 freedoms
• Soft Brexit: UK leaves the EU, and would still have had free movement of goods but not free movement of people

Question 11

What is “The ‘push-pull’ model of migration”?

Answer 11

• Push: Things in your home country that make you want to leave (like lack of jobs or safety).
• Pull: Things in another EU country that attract you (like better jobs or a higher quality of life)

Question 12

What is Mutual recognition?

Answer 12

Means that one member state accepts and recognizes the validity of another member state’s standards, rules, or regulations

Question 13

What are some physical barriers to trade?

Answer 13

1. Language
2. Product standarts
3. transport infrastructure
4. Paper work

Question 14

What are the benefits of having an single market?

Answer 14

• Lower prices (No tariff)
• More choice
• High standards (have to comply with EU standards)
• More opportunities for business