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Category:	Foreign
Word Count:	668
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	advantages and disadvantages of common market
	The European Union is one of the most powerful regional organisations in existence. In certain areas, where the Member States have pooled some national sovereignty rights to the Union (e.g. currency, monetary policy, the internal market, foreign trade) EU begins to somewhat resembles a confederation. However, the Member States remain the Masters of the Treaties, whereas the Union does not have the power to transfer additional competencies from the Member States onto itself. Also the various memb

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advantages and disadvantages of common market