common market

noun

: an economic association (as of nations) formed to remove trade barriers among its members

Examples of common market in a Sentence

Recent Examples on the Web
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Countries that refused to play by the rules and pursue balance would be pushed out of the common market and face a high, uniform tariff from all members of the bloc. Oren Cass, Foreign Affairs, 17 Oct. 2025 The Office of the U.S. Trade Representative was also examining common market restrictions on some food imports. Joseph Thorndike, Forbes.com, 4 Aug. 2025 The complaint ignores the fact that a single system and common market involves trade-offs and sharing burdens as well as benefits. David Plymyer, Baltimore Sun, 19 May 2025 First, both nations could pass a transnational agreement to form a union, like the European Union, meaning each country retains sovereignty and separate citizenship, but allows for free movement, and possibly a common market and defense. Talib Visram, TIME, 7 Feb. 2025 See All Example Sentences for common market

Word History

First Known Use

1843, in the meaning defined above

Time Traveler
The first known use of common market was in 1843

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Cite this Entry

“Common market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/common%20market. Accessed 29 Jan. 2026.

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