Risk, positive integration and system friction: the single European market and world trade
Conclusions: This paper argues that an increasingly important aspect of the EU’s trade policy is the external impact of internal rules adopted for regulatory rather than trade reasons. The most trade-impeding of these rules tend to cluster where the regulatory differences, particularly with regard to risk management, among the member states are most pronounced. Trade-barriers stemming from such measures are particularly difficult to resolve for two reasons: 1)they may not contravene...[Show more]
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