THE Treaty of Rome is one of the least publicised, yet potentially most important, international documents of our time. Under that treaty the six signatory powers began on the first day of this year that process of tariff reductions which will, over the next twelve or fourteen years, reduce and ultimately abolish all tariffs and trade barriers between them. For all practical purposes six national economies will be welded into a single supranational authority, with a common trade and commercial policy. That is to re‐draw the economic map of Europe.
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