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Single European Act |
Also found in: Wikipedia, Hutchinson | 0.01 sec. |
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Single European Act Act intended to eliminate barriers on trade and capital flows between and among European countries. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Whereas the Mittal bid was characterized by its opponents as "a symbol of globalization against a symbol of Europeanization," the resistance against the subsequent intra-European takeover offers exposes the deep-seated distrust on the part of European governments of the rules of the European single market and the oversight role of the European institutions. At some point in the future, all these countries will be part of the Union and we will have 28 or even more countries in the European single market where goods, people, and capital will circulate freely and competitive rules will apply across the board. As a result of the fast-approaching European single market in 1992, the world is becoming a smaller place. |
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