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Common Market – No Borders! 🚶‍♂️💰

Definition: Customs Union + Free Movement of Factors of Production (Labor and Capital).

What does it mean?

  1. Labor: A French person can work in Germany without a Visa.
  2. Capital: You can invest money anywhere in the bloc without restrictions.

Example: EEC (European Economic Community) before it became the EU.

The Four Freedoms

A Common Market guarantees free movement of:

  1. Goods 📦
  2. Services 👨‍💻
  3. People 🚶‍♂️
  4. Capital 💰

Quiz Time! 🎯

Test Your Knowledge

Question 1 of 5

1. A Common Market allows free movement of:

Goods only
Labor and Capital
Armies
None

💡 Final Wisdom: "In a Common Market, national borders become just lines on a map. You are a citizen of the Bloc!" 🇪🇺

Next up: Economic Union - Harmonizing Policies! 🎼

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