International Trade and the Internal Market
Removal of barriers to trade is at the heart of the European Community’s completion of the internal market programme. Tariffs and quotas on intra-Community trade have almost entirely been dismantled, but other non-tariff barriers remain. Some of these increase the costs of undertaking intra-Community trade, while others amount to actual or virtual prohibitions of certain trades.
KeywordsTrade Cost Trade Barrier Welfare Gain Trade Diversion Trade Creation
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