Single European Act
Single European Act: an amendment in 1987 to the Treaty of Rome with the aim of transforming relations among European Community member states into a European Union, and to contribute to making concrete progress towards European unity. The content of the Act is, however, mainly economic. It extended the Community's competence to include the internal market, monetary policy, social policy, economic and social cohesion, research and technology, and the environment. It made possible the European Community Single Market. The Single European Act also contains important institutional changes, such as making a formal linkage between the European Communities and European Political Cooperation. See also European Community and European Union treaties.
Source: http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf
Web site to visit: http://ctrc.sice.oas.org
Author of the text: W. Goode
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