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According to the Treaty on the Functioning of the European Union, which of the following statements accurately describes the Union's competence and procedural framework regarding the common commercial policy? A The Union possesses exclusive competence in the area of common commercial policy, and the conclusion of international trade agreements is governed by Article 218, subject to the special provisions of Article 207. B The Council exercises shared competence in the area of common commercial policy and alone concludes international trade agreements on behalf of the Union. C The Commission independently negotiates and concludes international trade agreements without prior authorisation from the Council, in accordance with the ordinary legislative procedure. D The common commercial policy is based on Article 3, which establishes the Union's exclusive competence in the conservation of marine biological resources and the establishment of competition rules, thereby extending to all trade agreements.
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