This meant that member countries would comfortably buy goods and services from across borders and sell them to any other member countries without having to deal with legal formalities of that particular country.A Commission was formed whose main goal was to ensure free movement of goods within the markets.This helps to ensure the unsafe products do not get their into the market.
If a product is found to cause health hazards, The Commission has the right to have it withdrawn from the market, recalled or it can apply sanctions to prevent any more circulation of the product. They also ensure there are enough tools to facilitate The Single Market Strategy. There is no countries will be able to engage in free trade without common units of measurements.
The Commission, in 2008 came up with the New Legislative Framework that had clear rules for the accreditation of conformity assessment bodies as well as rules that better protected the consumers and workers from unsafe products in the market, including the imports from non-EU countries.The Commission has to take charge in both harmonized sectors and non-harmonized sectors.
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To be able to trade internationally The single Market has to also learn the dos and don’ts of that large market, because EU on its own cannot survive, not all goods and services can be available, the more its able to learn the rules and comfortably trade international the better. The services provided must also meet the required standard.The Single Market has also seen to it that there is free movement of professionals
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EU allows retail and wholesale service sectors to operate in their countries.Therefore, Single Market stimulates competition and trade. Again, they have systems that ensure efficiency. At the same time, even imported products too have to conform to these standards, thus the consumers are well protected.
This is because people are allowed to sell goods and provide services freely in any member countries without feeling like it is brain-drain.With so many standardization having to be met before a product can make it way to the market, this means that no health hazard products are allowed in the EU markets. This means you can comfortably buy goods in any of the EU markets at same price for same quantities.
These are many countries that have come together to trade, if there were no barriers, sellers would be selling anything and buyers would also be buying anything. Single Market has also helped to increase specialization both in production of goods and services.Not all European countries are members of European Union.…