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The following analysis undertaken illustrates this shortfall with several examples affecting several countries as well as different industries.
I. Single European Market Expectations
When it comes to develop the expectations of the Single European Market (SEM) it is necessary to refer to the work of Mr. Paolo Cecchini (1992). The latter, has established the first major study investigating the likely economic effects of the SEM completion.
His enquiry, which was realised upon the European Commission Vice president’s request, consisted, in an evaluation of the costs and benefits of the proposed Single Market (El Kahal, S...
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