Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,295,004 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Common Market

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia 0.01 sec.
Common market
An agreement between two or more countries that permits the free movement of capital and labor as well as goods and services.

Common Market
1. A market with the free movement of goods, services, labor, and capital between two or more places. For example, even though Texas and Oklahoma are different places with different governments and regulations, the two have a common market because workers do not need permission to move between them, and one may transfer money between them without incurring any tariffs or fees. See also: Free trade.

2. An informal term for the European Economic Community.

Common Market


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
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.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.