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Single market - Definition and Overview |
| Related Words: Article, Atomic, Bare, Basic, Celibate, Characteristic, Choose, Distinct, Either, Elementary, Entity, Essential, Exclusive |
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A single market is a customs union with common policies on product regulation, and freedom of movement of all the factors of production (goods, services, capital and labour).
Examples of single markets include the European Community (EC) and the European Economic Area (EEA).
See Also
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Example Usage of Single |
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