Here is the synopsis of our sample research paper on THE EUROPEAN UNION, SINGLE MARKETS AND COMPETITIVE ADVANTAGE. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 6-page paper focuses on the EU as an integrated market -- focusing on competitive monopolistic theories and economies of scale. Bibliography lists 5 sources.
Page Count:
6 pages (~225 words per page)
File: D0_MTeucoma.rtf
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one countrys. The theory behind this is that it allows firms within these countries the opportunity to offer consumers a greater variety of products/producers while offering lower prices. This was,
in fact, the original idea behind an integrated European Union -- the fact that economies of scale would mean more products, lower prices, and more consumers as a result.
Is this, in fact, what has happened? Perhaps to no ones surprise, economists are rather mixed on the results of the "integrated Europe."
On the one hand, the EU is proving to be a huge and successful trading block with a nice GDP and a growing manufacturing base. On the other hand, the
EU isnt one federation, but rather, a collection of differing nation states with differing government and fiscal mandates. All too often, as well see, such mandates tend to run into
one another with some interesting fiscal results from country to country. In this paper, well examine the EUs "single market" construction through
discussion of monopolistic competition and economies of scale impacts. Definitions Before getting started on the actual explanation, however, it is a
good idea to offer the basic definitions of monopolistic competition and economies of scale. In its most basic sense, monopolistic competition involves a market structure in which many sellers/manufacturers produce
similar products that are, nonetheless, slightly different from one another as well (MoneyWords.com, 2004). The reason why this is "monopolistic" is because each producer/seller can set its own price and
quantity without affecting the marketplace as a whole (MoneyWords.com, 2004). The marketplace remains static, rather. OPEC is an example of such monopolistic
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