[PDF] eu trade policy

The EU supports and defends EU industry and business by working to remove trade barriers so that European exporters gain fair conditions and access to other markets. At the same time, the EU supports foreign companies with practical information on how to access the EU market.
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  • What is the new EU trade policy strategy?

    Its aim is to support the EU's economic recovery by boosting green and digital transformations as well as a renewed focus on strengthening multilateralism and reforming global trade rules to ensure their fairness and sustainability.

  • What are the three pillars of the EU trade policy?

    It has three pillars: economic, environmental and social.
    To achieve sustainable development, policies in these three areas have to work together and support each other.

  • What are the benefits of the EU trade policy?

    Benefits of EU trade to consumers
    Decrease in prices for the same range of goods (direct); 2.
    Increase in the variety of products (direct); 3.
    Increase in the growth rate (indirect).

  • What are the benefits of the EU trade policy?

    Trade Policy: Imports
    This would keep domestic prices low and stable by increasing the supply available.
    A trade policy might also restrict imports.
    For example, if the US steel industry were to suffer from low prices due to foreign steel being more affordable, the government might step in to help them out.

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