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Common Market

   Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
Common Market

common market
n.
An economic unit, typically formed of nations, intended to eliminate or markedly reduce trade barriers among its members.

Common Market
n
(Economics) the. an informal name for the European Economic Community (now the European Community, part of the wider European Community) and its politics of greater economic cooperation between member states
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.Common Market - an international organization of European countries formed after World War II to reduce trade barriers and increase cooperation among its membersCommon Market - an international organization of European countries formed after World War II to reduce trade barriers and increase cooperation among its members; "he tried to take Britain into the Europen Union"
Danmark, Denmark, Kingdom of Denmark - a constitutional monarchy in northern Europe; consists of the mainland of Jutland and many islands between the North Sea and the Baltic Sea
Kingdom of Sweden, Sverige, Sweden - a Scandinavian kingdom in the eastern part of the Scandinavian Peninsula
Deutschland, FRG, Germany, Federal Republic of Germany - a republic in central Europe; split into East Germany and West Germany after World War II and reunited in 1990
Finland, Republic of Finland, Suomi - republic in northern Europe; achieved independence from Russia in 1917
Ellas, Greece, Hellenic Republic - a republic in southeastern Europe on the southern part of the Balkan peninsula; known for grapes and olives and olive oil
Italia, Italian Republic, Italy - a republic in southern Europe on the Italian Peninsula; was the core of the Roman Republic and the Roman Empire between the 4th century BC and the 5th century AD
Austria, Oesterreich, Republic of Austria - a mountainous republic in central Europe; under the Habsburgs (1278-1918) Austria maintained control of the Holy Roman Empire and was a leader in European politics until the 19th century
Belgique, Belgium, Kingdom of Belgium - a monarchy in northwestern Europe; headquarters for the European Union and for the North Atlantic Treaty Organization
Britain, Great Britain, U.K., UK, United Kingdom, United Kingdom of Great Britain and Northern Ireland - a monarchy in northwestern Europe occupying most of the British Isles; divided into England and Scotland and Wales and Northern Ireland; `Great Britain' is often used loosely to refer to the United Kingdom
Eire, Ireland, Irish Republic, Republic of Ireland - a republic consisting of 26 of 32 counties comprising the island of Ireland; achieved independence from the United Kingdom in 1921
France, French Republic - a republic in western Europe; the largest country wholly in Europe
Holland, Kingdom of The Netherlands, Nederland, Netherlands, The Netherlands - a constitutional monarchy in western Europe on the North Sea; half the country lies below sea level
Grand Duchy of Luxembourg, Luxembourg, Luxemburg - a grand duchy (a constitutional monarchy) landlocked in northwestern Europe between France and Belgium and Germany; an international financial center
Portugal, Portuguese Republic - a republic in southwestern Europe on the Iberian Peninsula; Portuguese explorers and colonists in the 15th and 16th centuries created a vast overseas empire (including Brazil)
Espana, Kingdom of Spain, Spain - a parliamentary monarchy in southwestern Europe on the Iberian Peninsula; a former colonial power
Translations
Common Market n the Common Marketil Mercato Comune


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Leaders of the five-member East African Community gathered at the bloc's headquarters Friday to sign a common market treaty to allow free trade, movement and right of residence in the region.
Much of his discussion centers around Mercosur, The Common Market of the South, particularly its origin and development, nature and dynamics, and potential.
Aiming to boost intra-continental trade, three of Africa's leading regional trade blocs - the East African Community (EAC), the Common Market for Eastern and Southern Africa (COMESA) and the Southern African Development Community (SADC) - have simplified the rules of origin to be applied by member states.
 
 
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