Trading with a Federal Europe: Some Legal Issues
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Abstract
While it may not be strictly accu- rate to describe European Commu- nity law as "federal" in advance of the political initiative necessary to found a "United States of Europe," it must be recognized that the Treaty of Rome' is, in a sense, a federal constitution and has transferred con- siderable legislative powers from the individual states to the European in- stitutions. Under the treaty, federal law is supreme and has exclusive competence in almost all matters touching upon the regulation of the community's trading relations with other countries, the movement of goods, services, persons and capi- tal between the member states and the policies that are necessary to achieve and maintain a single uni- fied market. There will be no attempt here to
give any insight into the national laws of the nine member states' of the EEC; it is intended only to make some brief introductory re- marks as to some aspects of EEC fed- eral ("community") law.