Some lines for the practical organisation of European markets

Abstract

In an earlier article entitled “Myths and Realities of the European Green Pool”, the author emphasised the necessity of a gradual solution to the problem of establishing a single European market, and suggested as a first step the system of priority quotas, which he regarded as the most realistic method of promoting increased trade and of solving in large part the problem of the exportable quotas in each country. In the present article, this proposal, which draws its justification from the extreme improbability of a rapid elimination of quantitative restrictions in all of the interested countries, is further developed with special reference to agricultural products. According to the author, the realisation of the objects that are attainable through the “quota system” might be facilitated by a permanent Council of the Ministers of Agriculture, by a credit institution, and by a payments organisation.

JEL:  F13, F15