Common Market


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Common Market


common market

n.
An economic market consisting of multiple nations or entities that have adopted common regulations and policies to reduce internal trade barriers.

Common Market

n
(Economics) the Common Market obsolete an informal name for European Economic Community

Com′mon Mar′ket


n.
2. (often l.c. ) any economic association of nations.
[1950–55]
ThesaurusAntonymsRelated WordsSynonymsLegend:
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
Közös Piac

Common Market

n the Common Marketil Mercato Comune
References in classic literature ?
In short, the whole country was exhibiting the bustle of a thriving settlement, where the highways were thronged with sleighs, bearing piles of rough household furniture, studded, here and there, with the smiling faces of women and children, happy in the excitement of novelty; or with loads of produce, hastening to the common market at Albany, that served as so many snares to induce the emigrants to enter into those wild mountains in search of competence and happiness.
Yet a more worrisome impact of a delay in the launching of a common market is the danger of the 33-year regional grouping becoming less relevant to the interests of the people.
Japan and a South American common market agreed Tuesday in Tokyo to promote cooperative exchanges in fields such as human resources development and technical assistance, a Japanese Foreign Ministry official said.
The Argentine president said his country's economy is expected to grow more than 5% in 1998 and appealed to Toyota to take advantage of economic merits expected from the creation of a South American common market, known as Mercosur, they said.
* The 15-nation European Union has opened free trade discussions with Mexico and the Southern Common Market.
The two principal Western Hemisphere regional trade agreements (RTA)--the North American Free Trade Agreement (NAFTA) and the Southern Cone Common Market (MERCOSUR)--and other RTAs among the countries of the Americas culminated in a proposal for creating a Free Trade Area of the Americas (FTAA) within the next eight years, said James Wesberry.
Like many other long-time free traders, I was persuaded (in retrospect, perhaps lulled) by the arguments in favor of NAFTA, the treaty that created a common market linking Mexico, Canada, and the United States, when it passed Congress in late 1993.
Adopting this strategy, communities that makeup the Mid-South Common Market and the Niagara Region are examining their opportunities as trade and distribution centers to capitalize on a more interdependent global economy.
Thus, the European Common Market Concept emerged to eliminate the Tariffs and Restrictive Standards between members and establish targets to achieve a "Unified Market" by the end of 1992.
market activity and the creation of the European common market in 1992.
A counter-proposal from the Common Market countries would essentially limit the opening of new CFC-manufacturing facilities.
I am a 72-year-old woman, never in my lifetime have I ever had a vote to go into the Common Market.

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