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A common "commercial policy is when a group of states co-ordinates some or all aspects of their trade policy.

These are sometimes agreed by treaty within a "customs union. In the case of the "European Union, a form of the "EU's common commercial policy has been in place since the EU was created in 1957.[1]

A common commercial policy is also "an aim of Mercosur.["citation needed]

References[edit]


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