This pact committed the EC countries to work toward establishment of a single market by Dec 31 1992. It emerged from frustration that the EC was not living up to its promise - and provided impetus for the restructuring of European industry - allowing

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1. This pact committed the EC countries to work toward establishment of a single market by Dec 31 1992. It emerged from frustration that the EC was not living up to its promise - and provided impetus for the restructuring of European industry - allowing