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The Best Essay

  • Submitted by: nicksclient
  • on December 5, 2011
  • Category: Psychology
  • Length: 2,530 words

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Below is an essay on "The Best" from Anti Essays, your source for research papers, essays, and term paper examples.

      European Union (EU) came into existence on March 25, 1957 as a result of the treaty of EEC with the name of European Economic Community (EEC) and then European Common Market. The ultimate objective of creation of the EU through this treaty is to bring harmonious development in the economic activities. Along with this, it is formed to increase stability, balanced and continuous expansion, uplifting standard of living and creating closer and stronger relations between the states of the EU. These objectives can be achieved through creation of a common market which facilitates free movement of goods by eradicating the trade barriers. As a result, EU states will not impose any trade restriction on member states in relation to imports and exports of goods (Dedman 2010).

In spite of passing more than fifty years, these objectives of EU creation have not been achieved till date. The free movement of goods within the EU is still a tough target to achieve. There are various hurdles which impede the free movement of goods in the European Union. The main hurdle among them is interpretation general provision of the technical barriers under Article 28 and 29 by the European Court of Justice (the ECJ). Another hurdle is related with the exceptions to the general provisions of Article 28 and 29 that is based on Article 30 and the mandatory requirements of Cassis de Dijon which is arising from the ECJ (Lelieveldt and Princen 2011). Furthermore, parallel import is one of the major phenomena in the international trade because on the one hand, it follows market laws strictly and on the other hand it is not completely controlled by the law of market. The dilemma is that producers want to maintain a difference in the prices of the goods among different countries whereas consumers want to pay same price as EU claims for removal of trade barriers. Here, parallel import can be defined as goods which are produced and sold legally and then subsequently exported....

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