2022
DOI: 10.5296/jpag.v12i1.19561
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Services in the European Single Market and in World Trade: Country Implementation Barriers

Abstract: The Services sector has been the backbone of the global economy and the most dynamic player in international trade. Trade in Services helps to develop countries' economies, increases competition, and promotes the personal skills of employees. The European Single Market is a cornerstone of the European Union, being the single space within which economic growth factors move freely and unhindered. The scope of this paper is to connect these social and economic factors and to show on the one hand the expected bene… Show more

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“…In an ideal situation, the well-functioning East African Community common market is supposed to be a single space within which there is a free mobility of economic growth factors such as labor, services, goods, foreign direct investment, and capital, subject to compliance with legal requirements. People in the common market usually enjoy a broader choice for search, supply, and consumption of goods, services, and employment opportunities (Mylonakis & Greece, 2022). Accordingly, free movement of goods in a single market delivers several economic benefits to citizens, businesses, and Partner States, including easing trade flows, increasing production output, improving real income, and enhancing integration.…”
Section: Introductionmentioning
confidence: 99%
“…In an ideal situation, the well-functioning East African Community common market is supposed to be a single space within which there is a free mobility of economic growth factors such as labor, services, goods, foreign direct investment, and capital, subject to compliance with legal requirements. People in the common market usually enjoy a broader choice for search, supply, and consumption of goods, services, and employment opportunities (Mylonakis & Greece, 2022). Accordingly, free movement of goods in a single market delivers several economic benefits to citizens, businesses, and Partner States, including easing trade flows, increasing production output, improving real income, and enhancing integration.…”
Section: Introductionmentioning
confidence: 99%