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Chapter 2, The Customs Union
Chapter 3, Deep Integration
Pomfret, R., (2021), The Economic Integration of Europe
Chapter 2, The Customs Union
In 1957, six countries signed the Treaty of Rome, establishing the European Economic Community (EEC). The customs union eliminated internal tariffs and adopted a common external tariff.
Downloadable audio summary
12 min recap • MP3 saved
Analysis of the origins of the customs union and the emergence of EFTA.
Loki AI
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I can help you navigate course materials — from economic foundations of the Internal Market to the political history of EU enlargement. I've got you covered.
Exam Practice
The exam you'll sit — the night before you sit it. Real questions, real grading, no surprises.
Strategy & Organisation In A Global Business World (EndTerm)
Explore and manage your learning journey
Question 13
A small startup with 8 employees is developing innovative software. The founder maintains tight control over all decisions. As the company grows to 50 employees, problems emerge with coordination and missed strategic issues. This suggests the organisation needs to:
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Cues
Notes
Absolute advantage — a country produces a good using fewer resources than another country.
Comparative advantage — produce at a lower opportunity cost, even if not absolutely efficient.
Terms of trade — the rate at which one good is exchanged for another between countries.
Reinforce your learning
Which of the following best explains why countries specialise in trade?
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Microeconomics → Elasticity
Why does elasticity change pricing decisions?
+47 more formulas included
Rainman Simulations
You're the CEO. The board wants an answer before markets open. What did chapter 7 teach you?
Role
Global Turnaround CEO
The board is watching. Every decision moves cash, trust, and reputation.
Cash
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Trust
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Fame
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A leaked forecast hits the investor call. What do you do?
Legacy courses, completely free.
These courses are being migrated from our old website into a separate free-course area. Once a course appears here, students get the full course content for free with no paid course link or checkout path attached.
They were created last year, so many newer Examo features and improvements are not present in these free courses.
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Learning is easier when it is presented right
We are not trying to promise a shortcut. We believe most students struggle because course material is presented in a way that creates noise, stress, and confusion. Examo makes learning clearer, more engaging, and more focused by reorganizing the material around what actually matters.
Learning Is Presentation
Learning is not hard by default. It becomes hard when the material is scattered, bloated, or explained in the wrong order. Examo reorganizes the course so the important ideas are easier to see.
No Shortcut Promise
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Designed for 10/10
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No shortcuts. Less noise. Better learning.
We focus on features that make studying easier, useful, and genuinely effective: not overstimulating gimmicks, not empty content loops, just the right material in the right form at the right time.
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