Economic implications of Turkey"s entry into the Common Market

The second objective of the study is to estimate Turkey"s gain (or loss) from free trade with the EEC. The reader is presented with background information about the Common Market, Turkey"s membership in the Common Market, and the Turkish Economy during the 60"s and early 70"s. First, the Common Market -- its nature, its formation, and its common economic policies -- is reviewed. Second, the Turkish economy of the 60"s and 70"s is examined, including the foreign trade regime and foreign trade. In a later section of this chapter, the objectives of the study are presented in a more systematic manner. The methodology of the study is also explained. In the last section, the contents of the remaining chapters are summarized.