The European Common Market is racing so swiftly toward its goals that even its most optimistic prophets have had to tear up their timetables. Last week, in Brussels, the Common Market Commission predicted that internal trade restrictions among the Six, which have already been cut 50% in five years, should be entirely eliminated by Jan. 1, 1967—three years ahead of schedule.
But the Common Market countries, which by then will have adopted uniform external tariffs, are in no mood to wait until 1967 to move ahead with the next stage of economic integration....
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