International Business SIB520 Chapter Notes - Chapter 4: European Economic Community, Single European Act, Maastricht Treaty
Document Summary
The european union and other regional trade arrangements. The historical development of the european union: the european union (eu) is canada"s second-largest trading, the idea of a united europe emerged under the threat of post partner and the world"s largest common market. Second world war domination by the two superpowers of the time: the united states and the ussr: in 1957, the six members of the european coal and steel. Community signed the treaty of rome to establish the common- market european economic community (eec). The historical development of the european union (cont"d: the original eu members were france, belgium, germany, italy, the eu has expanded to 28 members (including the original six). The others are denmark, ireland, the united kingdom, greece, Portugal, spain, austria, finland, sweden, hungary, poland, czech. Herzegovina, liechtenstein, monaco, san marino, and vatican city. Governance of the european union: the european council, defines the general political directions and priorities of the eu.