Class 8 Exam  >  Class 8 Questions  >  What is European marketing Related: Indian T... Start Learning for Free
Verified Answer
What is European marketing Related: Indian Textiles In European Marke...
The European Single Market, Internal Market or Common Market is a single market which seeks to guarantee the free movement of goods, capital, services, and labour – the "four freedoms" – within the European Union (EU). The market encompasses the EU's 28 member states, and has been extended, with exceptions, to Iceland, Liechtenstein and Norway through the Agreement on the European Economic Area and to Switzerland through bilateral treaties.

A number of potential EU accession candidates have Stabilisation and Association Agreements with the EU, which allow for limited participation in selected sectors of the Single Market, including Albania, Bosnia and Herzegovina, Kosovo, Macedonia, Montenegro, and Serbia. In addition, through three individual agreements on a Deep and Comprehensive Free Trade Area (DCFTA) with the EU, the post-Soviet countries of Georgia, Moldova and Ukraine have also been granted limited access to the Single Market in selected sectors. Turkey has access to the free movement of some goods via its membership in the European Union–Turkey Customs Union.

The market is intended to be conducive to increased competition, increased specialisation, larger economies of scale, allowing goods and factors of production to move to the area where they are most valued, thus improving the efficiency of the allocation of resources. It is also intended to drive economic integration whereby the once separate economies of the member states become integrated within a single EU-wide economy. Half the trade in goods within the EU is covered by legislation harmonised by the EU.The creation of the internal market as a seamless, single market is an ongoing process, with the integration of the service industry still containing gaps.It also has an increasing international element, with the market represented as one in international trade negotiations.
This question is part of UPSC exam. View all Class 8 courses
Explore Courses for Class 8 exam

Top Courses for Class 8

What is European marketing Related: Indian Textiles In European Markets - Weavers, Iron Smelters and Factory Owners, Class 8 SST History
Question Description
What is European marketing Related: Indian Textiles In European Markets - Weavers, Iron Smelters and Factory Owners, Class 8 SST History for Class 8 2024 is part of Class 8 preparation. The Question and answers have been prepared according to the Class 8 exam syllabus. Information about What is European marketing Related: Indian Textiles In European Markets - Weavers, Iron Smelters and Factory Owners, Class 8 SST History covers all topics & solutions for Class 8 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is European marketing Related: Indian Textiles In European Markets - Weavers, Iron Smelters and Factory Owners, Class 8 SST History.
Solutions for What is European marketing Related: Indian Textiles In European Markets - Weavers, Iron Smelters and Factory Owners, Class 8 SST History in English & in Hindi are available as part of our courses for Class 8. Download more important topics, notes, lectures and mock test series for Class 8 Exam by signing up for free.
Here you can find the meaning of What is European marketing Related: Indian Textiles In European Markets - Weavers, Iron Smelters and Factory Owners, Class 8 SST History defined & explained in the simplest way possible. Besides giving the explanation of What is European marketing Related: Indian Textiles In European Markets - Weavers, Iron Smelters and Factory Owners, Class 8 SST History, a detailed solution for What is European marketing Related: Indian Textiles In European Markets - Weavers, Iron Smelters and Factory Owners, Class 8 SST History has been provided alongside types of What is European marketing Related: Indian Textiles In European Markets - Weavers, Iron Smelters and Factory Owners, Class 8 SST History theory, EduRev gives you an ample number of questions to practice What is European marketing Related: Indian Textiles In European Markets - Weavers, Iron Smelters and Factory Owners, Class 8 SST History tests, examples and also practice Class 8 tests.
Explore Courses for Class 8 exam

Top Courses for Class 8

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev