Meaning of “single market” in the English Dictionary

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"single market" in Business English

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single marketnoun [ C, usually singular ]

uk us also internal market

ECONOMICS, POLITICS the system of free trade that exists between countries belonging to an economic area such as the European Union:

The court said that British tax laws broke European single market rules.

(Definition of “single market” from the Cambridge Business English Dictionary © Cambridge University Press)

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