English version

single market

From Longman Dictionary of Contemporary Englishsingle marketˌsingle ˈmarket noun   the single market
Examples from the Corpus
single marketOn both sides of the border, companies routinely organize production, distribution and sales as if there were a single market.There will no longer be a level playing field and the single market will be undermined.We are in the single market, but outside the euro.The right hon. Member for Finchley was right to concede majority voting so that the single market could be in operation by 1993.The Social Charter, for instance, has nothing to do with the single market.
From Longman Business Dictionarysingle marketˌsingle ˈmarket [singular]ECONOMICS a group of countries that do not charge tax on the goods and services that they trade with each other, so forming one market. The phrase is often used when talking about the EUROPEAN UNION and the EUROPEAN ECONOMIC AREACompetition in the single market may be affected by the granting of state subsidies. market
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