Free Trade and Customs Union
1. With reference to a customs union and a free trade area analyse the concepts of trade creation, diversion and deflection.
(Distinction between CU & Free Trade (4 diagrams), Trade creation, Diversion & Deflection, and how it affects trade (explain with diagrams))
Essential reading: Artis M and Nixson F, (2007), The Economics of the European Union , fourth edition, Chapter 3.
400 words.
Competition Policy
2. Examine how Articles 101 and 102 encompass both the static and dynamic concepts of
competition.
(Article 101 &102 (case examples), Dynamic & Static)
(Diagrams if needed)
Essential reading: Artis M and Nixson F, (2007), The Economics of the European Union , fourth edition, Chapter 5.
400 words.
The Single Market
3. Examine the main non tariff barriers that have hindered the development of the single market.
(Diagrams if needed)
Essential reading: Hitiris T, (2003), Europian Union Economics fifth edition, Chapter 3.
400 words.
I need these questions for exam, and if possible can it be written with not complicated writing terms. Thank you.
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