common market

noun

Definition of common market

: 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 Europe is always more than the common market, more than the European Union. Fox News, 1 Jan. 2021 What’s more, except for last month, Value has also underperformed the S&P 500 index, the most common market benchmark, during all these periods. Washington Post, 13 Nov. 2020 The Polish towns have begun losing funding from the EU and Norway, a non-EU member which contributes millions of euros in development aid for access to the bloc’s common market. NBC News, 5 Oct. 2020 China’s goal was full access to the EU’s common market. Annabelle Timsit, Quartz, 2 Oct. 2020 Europe instituted the exchange-rate mechanism (ERM) as an initial step towards a common market on the continent. Andrew Stuttaford, National Review, 20 Aug. 2020 With Britain operating under European common market rules, trucks usually clear the port of Dover in around eight minutes. Stephen Castle, BostonGlobe.com, 8 Aug. 2020 As a result, Europe must be more present and react swifter on the global stage, while increasing its competitiveness and strengthening the common market. Arne Delfs, Bloomberg.com, 22 Mar. 2020 Kenyatta rejected concerns that a free trade deal with the United States would undermine a new continental free trade agreement in Africa aimed at creating the world’s largest common market. Tom Odula, BostonGlobe.com, 6 Feb. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'common market.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of common market

1893, in the meaning defined above

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Time Traveler for common market

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The first known use of common market was in 1893

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Dictionary Entries Near common market

common man

common market

common measure

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Cite this Entry

“Common market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/common%20market. Accessed 17 Sep. 2021.

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More Definitions for common market

common market

noun

English Language Learners Definition of common market

: a group of countries that allows free trade among its members

More from Merriam-Webster on common market

Britannica.com: Encyclopedia article about common market

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