customs union
n. An international association organized to eliminate customs restrictions on goods exchanged between member nations and to establish a uniform tariff policy toward nonmember nations.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
customs union
n (Economics) an association of nations which promotes free trade within the union and establishes common tariffs on trade with nonmember nations
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun | 1. | customs union - an association of nations to promote free trade within the union and set common tariffs for nations that are not membersunion - a political unit formed from previously independent people or organizations; "the Soviet Union" Benelux - a customs union comprising Belgium and Netherlands and Luxembourg |
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
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