common market Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “common market” in the English Dictionary

"common market" in Business English

See all translations

common marketnoun [C]

uk   us  
ECONOMICS, POLITICS a ​group of countries that have a ​formalagreement for ​trading among themselves and how they ​trade with countries outside the ​group: The new ​agreement would ​create a common ​market that would ​extend from northern Canada to the ​tip of South America.
the Common Market
the ​formername of the European Community, now known as the European Union
(Definition of common market from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of common market?
Add Cambridge dictionaries to your browser to your website

“common market” in Business English

More meanings of “common market”

There, their and they’re – which one should you use?
There, their and they’re – which one should you use?
by ,
April 27, 2016
by Liz Walter If you are a learner of English and you are confused about the words there, their and they’re, let me reassure you: many, many people with English as their first language share your problem! You only have to take a look at the ‘comments’ sections on the website of, for example, a popular

Read More 

Word of the Day

flavoursome

having good flavour or a lot of flavour

Word of the Day

bio-banding noun
bio-banding noun
April 25, 2016
in sport, grouping children according to their physical maturity rather than their age ‘When we’re grouping children for sports, we do it by age groups, but the problem is that, within those age groups, we get huge variations in biological age,’ said Dr Sean Cumming, senior lecturer at the University of Bath’s department for

Read More