The European Free Trade Association (EFTA) is a key player in international trade, promoting economic cooperation among Iceland, Liechtenstein, Norway, and Switzerland. Established in 1960, EFTA focuses on economic matters, unlike the EU's broader integration. The text delves into EFTA's structure, governance, and influence on trade policies, particularly in the context of the UK's Brexit. It also discusses the benefits and challenges of EFTA membership and its future role in a sustainable global economy.
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1
EFTA founding year
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2
EFTA vs EU focus
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3
EFTA's role in global trade
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4
Countries like ______, ______, and ______ have moved from ______ to the EU, aligning with their changing priorities.
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5
EFTA's primary mission
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6
EFTA's governance structure importance
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7
EFTA's compliance mechanism
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8
After ______, the UK faced challenges in establishing new trade relationships without the EU.
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9
EFTA's focus on integration
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10
EU's scope of integration
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11
EFTA vs EU institutions
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12
Joining ______ offers benefits like a wider market and improved chances for economic cooperation, but also challenges like compliance with its regulations.
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13
Potential EFTA membership expansion
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14
EFTA's role in the digital economy
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15
EFTA's environmental trade regulations
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