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Publication Detail Portlet
Trade
Free trade is a source of economic growth
EU publications
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The European Union’s trade policy must be seen in the context of two of today’s realities. The first is the importance of the Union itself as a major world player. The second is the way globalisation is changing the international environment. The EU is the largest economy in the world, the biggest exporter and importer, the leading investor and recipient of foreign investment and the biggest aid
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donor. With just 7 % of the world’s population, it accounts for over one quarter of the world’s wealth as measured by gross domestic product (GDP) — the total value of goods and services produced. The single market with the free movement of goods, services, people and capital within the EU’s borders is the cornerstone of the Union’s ability to create jobs by trading with other countries and regions. The EU, not national governments, is responsible for this market. It also manages trade relations with the wider world. Speaking with a single voice, the EU carries considerably more weight in international trade negotiations than any of its individual members would. It is an active economic and political player with growing regional and global interests and responsibilities. This publication is part of a series that explains what the EU does in different policy areas, why the EU is involved and what the results are.
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Published:
2016-04-27
Corporate author(s):
Directorate-General for Communication
(
European Commission
)
Themes:
Trade — Competition
,
Activities of the institutions and bodies
Subject:
dissemination of EU information
,
extra-EU trade
,
free-trade agreement
,
international trade
,
intra-EU trade
,
public awareness campaign
,
single market
ISSN
ISBN
DOI
Catalogue number
PDF
978-92-79-55739-2
10.2775/42184
NA-02-16-154-EN-N
Paper
978-92-79-55724-8
10.2775/86408
NA-02-16-154-EN-C
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Size:
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Czech
Danish
German
Greek
English
Spanish
Estonian
Finnish
French
Irish
Croatian
Hungarian
Italian
Lithuanian
Latvian
Maltese
Dutch
Polish
Portuguese
Romanian
Slovak
Slovenian
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