European Economic Integration.  The Treaty of Rome (1957-1986)

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European Economic Integration.  The Treaty of Rome (1957-1986) von Mind Map: European Economic Integration.  The Treaty of Rome (1957-1986)

1. Objectives

1.1. Define rules of the common market

1.2. extend European competences in economic matters

2. The Member countries are (ITALY, FRANCE, GERMANY OCCIDENTAL, BELGIUM, NETHERLANDS and LUXEMBOURG)

3. Institutions

3.1. The commission: represents the common interest and is guardian of the treaties

3.2. The cabinet: Formed by representatives of the member states, taking the decisions

4. Common Market

4.1. creating a market where barriers and trade are removed

4.2. free movement of people and capital

5. Economic and monetary union

5.1. creation of a common currency

5.1.1. Materials

5.1.2. Personel

5.1.3. Services

5.1.4. Duration

5.2. integration of financial and exchange markets

5.3. The IVA import is the same in all member states

6. The customs union

6.1. trade policy to set a common external tariff with the rest of the world

6.1.1. Dependencies

6.1.2. Milestones

6.2. the disappearance of tariff barriers between these countries

6.2.1. Schedule

6.2.2. Budget

7. with the accession of other members such as Greece, Spain and Portugal and the creation of monetary snake the long-term goal was the unification of the European currency