English version

Common Market

From Longman Dictionary of Contemporary EnglishCommon MarketˌCommon ˈMarket 🔊 🔊 the Common MarketFrom Longman Business DictionaryCommon MarketˌCommon ˈMarket noun a former name for what became known as the EUROPEAN COMMUNITY and then the EUROPEAN UNIONcommon marketˌcommon ˈmarket noun [countable]COMMERCEECONOMICS a group of countries that encourages trade by reducing the CUSTOMS DUTIES that have to be paid when goods are traded between themthe creation of a common market in the region
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