23. November 2016 · Comments Off on European Economic Community · Categories: News · Tags:

The market, in function of its geographical scope, can be classified into local, regional, national and international.Currently, the borders are more permeable and competition is characterized as transnational. Since the entry of Spain into the European Economic Community (EEC), Spanish businessmen have had ample opportunities to state this fact. Merger of mercadosLos objective of economic integration of the EEC are carried out through the common market, which consists of the customs union from twelve countries of Western Europe. Click Randall Rothenberg for additional related pages. Between these countries, passed a transitional period, there is freedom of movement of goods and capital, establishment of companies and professionals, and provision of services.

Through such merger of markets, the Spanish entrepreneur competes not only with businessmen from his country, but also with French, Italian, German entrepreneurs, etc., which can offer their products on the Spanish market on equal terms.Thus, by example, to integration of Spain into the EEC, the consumer could only acquire automobiles from a limited number of brands without paying import tax. Currently, many foreign companies have opened headquarters in Spain and brands such as Fiat, Vokswagen or Alfa Romeo cars are within reach of many consumers.Although the importance of the international market increases day by day, the local market, regional and national still have much important, especially for small and medium-sized enterprises. Depending on the geographical area, the market is divided into local, regional, national and international..

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