European Union Exam
(concentrated
costs, general benefits) - Redistributive policies
Economic policy – Policy dealing with the management of goods and services, including
productivity, consumption, money supply and competition.
Fiscal policy – Policy dealing with the budgets: how and where goverments revenues are
raised and how and where public funds are spent
Competition policy - Policy aimed at limiting the Marketplace distortions created by
monopoles, cartles, pricefixing, abuse of dominant position and market-sharing
Trade policy – Policy dealing with the Exchange of goods and services across borders and
including issues such as tariffs, quotas and protectionism
Common commercial policy – The common trade policy of the EU, included in the Treaty of
Rome and Under which the EU has effectively used its power to deal and negotiate with third
parties on trade issues.
European Security and Defence Policy: A critical step in the development of a
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