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FREE MOVEMENT OF GOODS WITHIN EU
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| Submitted: Tue Jun 20 2006
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FREE MOVEMENT OF GOODS WITHIN EU Introduction European Union(EU), formerly called European Economic Community(EEC) or European Common Market, came into existence on March 25, 1957 at the conclusion of the Treaty of Rome or EEC Treaty or latterly called EC Treaty . The main objective of this Treaty was to promote a harmonious development of economic activities, a continuous and balanced expansion, an increase in stability, an accelerated raising of standard of living and closer relations between the states belonging to it. The principal means of achieving this objective is to establish a Common Market by allowing goods to move freely within EU States. This free movement of goods will promote efficiency in production because it will permit producers in different countries to compete directly with each other. To follow this free movement of goods notion, it is necessary to remove all internal trade barriers; physical, technical and fiscal...
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