The some classic aspect when talking about economic integration is the form of “common market”, which is something more than just no barriers between these countries when trading, but it is a “genuine single market in which goods, services, people and working capital could move around freely” , this was the initial economic objective of the union, but since the years have passed this union has evolved, to the point of having an European citizenship f or all the citizens in the countries that s! nuff it to the union, but most important the creation of a fiscal and economic union. The European monetary Institution was in load up of setting all the necessary bases for the monetary transition that all countries that fatalityed to be part of the union had to achieve in prescribe to throw the requirements for the economic convergence. This finally happened when the European aboriginal Bank is created in 1999 and takes over the process lead by the European Monetary...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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