European economic unification (EC'92) included common industry standards for major European industries, the elimination of border controls, and privatization and deregulation of a number of industries

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The European economic unification under the European Single Market program, often referred to as EC'92, aimed at creating a single market across the European Community. It included measures such as the establishment of common industry standards to facilitate trade, the elimination of border controls to allow for the free movement of goods, people, services, and capital, and the privatization and deregulation of certain industries to increase competition and efficiency within the market.

European Economic Unification (EC'92) Included Common Industry Standards for Major