Europe 1992: how will it affect international competition? (International)

From: Financial Executive | Date: September 1, 1989| Author: Hexter, David R. | Copyright information

The single European market of 1992 will bring about increased competition among European industries, particularly in the areas of automobiles, telecommunications, and banking. The market's impact on public procurement policies of the sovereign states will be negligible, while the impact of integration on international competition will depend on whether the European Community (EC) takes a restrictive or liberal approach in its trade policies. The prevailing mood in the EC seems to be towards a...

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