European Union
Date Submitted: 09/10/2006 00:04:58
Customs Union
A customs union is where the customs of different countries are united. This creates free trade amongst countries that are part of it because they do not have to pay import and export tax when trading between themselves.
Three Aims of the European Union
1.<Tab/>To break down barriers between the EU's national markets and create one single market where goods, money and services can move around freely.
2.&
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is English.
3.<Tab/>Distance - It is harder for companies to constantly export goods across Europe because of the distance between countries. For example, if you wanted to constantly export British goods to Turkey it will become very expensive. However, the EU has somewhat to an extent made transportation of goods easier because you now don't have to stop at customs when ever you cross between the borders of European countries.
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