Free Movement of Workers in the EU Quiz

Internal Market

• The internal market refers to the single market of the European Union, allowing for the free movement of goods, services, capital, and people among its member states.

Principles of the Internal Market

• One of the most fundamental principles of the internal market is the absence of customs duties and quantitative restrictions on the sale of goods and services.

Article 26 of the Treaty on the Functioning of the European Union

• Article 26 states that the internal market shall comprise an area without internal frontiers in which the free movement of goods, persons, services, and capital is ensured.

Economic Concept of a Market

• A market is an economic concept that refers to a system that allows for the exchange of goods and services between businesses and consumers.

Common Market in the European Union

• The Common market in the European Union is a unified economic zone that allows for the free movement of goods, services, capital, and people among its member states.

Benefits of the Common Market

• The Common market in the European Union benefits businesses by allowing them to operate and provide services across different member states without restrictions.

Characteristics of the Internal Market

• The internal market of the European Union includes the free movement of goods, services, capital, and people among its member states.

Significance of Article 26

• Article 26 of the Treaty on the Functioning of the European Union is significant because it establishes the internal market as a fundamental principle of the European Union.

Economic Integration of the European Union

• The economic integration of the European Union implies the coordination of economic policies among its member states to create a single market.

Free Movement of Persons

• The free movement of persons (workers) within the European Union is referred to as the free movement of workers.

Business Opportunities in the Common Market

• The Common market in the European Union allows businesses to operate and provide services across different member states without restrictions.

Significance of the Common Market

• The Common market in the European Union is significant because it promotes economic growth, increases competition, and provides more opportunities for businesses and consumers.