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Unformatted text preview: ofthe Common Market. Question 3 Can the Common Market/EEC/European Union be portrayed as a custom Union? What are the limitations of the custom union approach to the analysis of European integration? Question 4 To what extent can the process of European integration be portrayed as neomercantilist? What would be the implications as to the relations of each European State to the European Union? Question 5 Why was the EMS formed in 1979? What was the difference relatively to the 'snake'? Why did it collapse? Question 6 Explain the working of EMU. What is the implication ofthe EMU for fiscal policy both at the European and the level ofthe individual countries?...
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This note was uploaded on 03/25/2012 for the course ECON 2322 taught by Professor Kevin during the Three '12 term at University of New South Wales.
- Three '12