Resources – My Most Valuable Tips

Shaquilla Karyne/ June 7, 2017/ Web Resources

The Major Benefits of Single Market. 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. It was also charged with the role of conformity assessment to determine which manufacturers goods were fit for market and which ones were not. The procedure of assessment for each product is outlined in the product legislation, thus for a product to be allowed to the market it has to meet all the legislative requirements. If a product is found to cause health hazards, The Commission has the right to have it withdrawn from the market, recalled or it can apply sanctions to prevent any more circulation of the product.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 market that can function without units of measurements such as Kilograms, Grams and Metre. Moreover, there were more clear guidelines on the units of measurements among EU countries.The Commission has to take charge in both harmonized sectors and non-harmonized sectors.
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EU is also trying to fulfill various conditions in order to allow international trade to be effective.Service provision is also part of trade.The Single Market has also seen to it that there is free movement of professionals
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For trade to be efficient there must be both goods and services involved, goods alone cannot run the economy. Competition, ensures that the goods and services are of high quality, the prices are fair, the goods are readily available, and sellers and service providers make maximum profits.Efficiency has also improved in terms of the trade.Single Market has helped to raise quality of goods and services that are brought to the market. This is because people are allowed to sell goods and provide services freely in any member countries without feeling like it is brain-drain. This is because the product that are sold in all EU markets are of the same quality at any given time, then they have been tested and certified. For instance a kilo of Sugar in Germany, is the same as a kilo of sugar in Austria and they cost the same Euros. The whole reason as to why Single Market has to do the quality checks for its product is to protect the environment. Most companies specialize in certain brand of goods, for instance flowers. The members are Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the United Kingdom.