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Essay / Research Paper Abstract
This 12 page paper considers the problems that extend from competition rules in the European Community and the Internet. This paper addresses some of the factors that have extended from the use of e-commerce. Bibliography lists 10 sources.
Page Count:
12 pages (~225 words per page)
File: MH11_MHECTrad.rtf
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Unformatted sample text from the term paper:
a diverse range of international trade laws that many believed that complications would inherently occur as a result of attempts to promote greater trade openness even under the installation of
the euro. Germany, France, Italy, the UK, Spain, the Netherlands, Belgium, Greece, Portugal, Sweden, Austria, Denmark, Finland, Ireland and Luxembourg comprised the central body of the European Union, and
the development of internal regulations to control international competition have had an impact on the function of the EC. Two considerable issues have been raised as a component
of unifying Europe under EC regulations: the application of trade regulations and the impacts for emerging e-commerce structures. The advancements in computer technology and the development of e-commerce
through the Internet have determined specific problems in terms of applying European Commission regulations, including Regulation 4-64/89, the Merger Regulation. Background The European Monetary Union has not
just developed out of the recognized need for economic stability, but also from the perception that a unified Europe can promote a greater currency base and a larger economic stronghold.
The adoption of a single currency was designed to make the European euro one of the strongest currencies in the world (Sutherland, 1997). Though the participating countries should
recognize that economic strength goes hand in hand with political change (Sutherland, 1997), it is also important to understand that many countries perceive a cost in rejecting the monetary union,
rather than simply seeing the benefits. In other words, it may be far more costly to reject unification on both an economic and political basis, because of the possible
political and economic handicaps placed on countries that do not opt for participation. This is not to suggest that the member countries would intentionally damage the economic relations with
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