The EU Trade Policy Is An Important Contribution To Overcome Slow Economic Growth In The EU Countries. Challenge This Point Of View

Source: Munich Personal Repec Archive

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Creation of a Common External Tariff (CET) for the Customs Union (CU) targeted by the six countries of the Rome Treaty required setting up of a Common Commercial Policy (CCP), also designated as trade policy. Article 133 of the Treaty establishing the European Community (TEC) grants exclusive powers to the European Union (EU) for the CCP. Along with the Common Agricultural Policy (CAP) and the competition policy, the CCP has rapidly become one of the major and core competences of the EU. The basic philosophy underlying the provisions of the TEC is that of a market open to imports from outside the EU, insofar as the trade partners do likewise.
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Date:Feb 2008