English
English version

customs union

From Longman Business Dictionarycustoms unionˈcustoms ˌunion noun [countable usually singular]COMMERCE an agreement between two or more countries to reduce or stop customs duty on goods traded between themThere will be a customs union, free trade in goods and services, and free movement of labour, money and capital.
Pictures of the day
What are these?
Click on the pictures to check.