Which trade bloc launched the world’s first common external tariff in 1968?
Answer
European Economic Community
Answer
European Economic Community
The European Economic Community launched its common external tariff in 1968.
The EEC’s customs union was completed on 1 July 1968, 18 months ahead of the timetable set out in the Treaty of Rome. The member states removed customs duties on trade among themselves and applied a common external tariff to goods imported from outside the Community.
This arrangement differed from a free-trade area. In a free-trade area, members remove internal tariffs but generally keep separate tariffs for non-members. A customs union combines internal free trade in goods with a shared external tariff, reducing the need for rules of origin on trade among members.
The EEC’s customs union became a foundation of European economic integration and later formed part of the European Union’s single-market development. The common external tariff did not mean that all economic policies became identical; member states retained many national powers. It specifically coordinated customs treatment for goods entering the bloc from third countries.
Source: Wikipedia · fact-checked Sept. 2026