The European Economic Community and the Euro clam EEC and the Euro clam The European Economic Community (EEC), also known as the common market, was established in 1957 through the treaty of expectant of Italy signed between Belgium, France, Italy, Luxembourg, the Netherlands, and Germany in order to achieve economic cooperation. “It has since worked for the free movement of labor and capital, the abolition of trusts and cartels, and the development of bug and reciprocal policies on labor, social wel out-of-the-way(prenominal)e, agriculture, transport, and foreign trade.” Over the years, monetary union has been suggested by the members of the EEC and was finally attained on January 1,1999 when eleven European countries, which are now collectively referred to as Euroland, introduced a single currency, the euro. Since then, the euro has invaded nearly every sector of the profane concern economy. The monetary revolut ion embodied in the euro involves far more than then the elimination of 11 currenci...If you want to learn a full essay, order it on our website: BestEssayCheap.com
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