single market

noun

economics
: a group of countries that have an agreement which allows goods to be moved, bought, or sold between them very easily
the European Union's single market

Examples of single market in a Sentence

Recent Examples on the Web China is already Imax’s largest single market worldwide by screen numbers. Patrick Frater, Variety, 19 Oct. 2023 Becoming a part of the EU’s integrated single market and an adherent to its rules will foster more investment in the country, including in its factories. Carl Bildt, Foreign Affairs, 28 Sep. 2023 China is the biggest single market for Volkswagen but its sales there have been declining in the face of pressure from local competitors. Olesya Dmitracova, CNN, 1 Sep. 2023 Meanwhile, the Remain campaign warned of the economic costs of leaving the customs union and the single market and pointed to the opt-outs that British leaders had secured over the years. Lawrence D. Freedman, Foreign Affairs, 13 Apr. 2020 Volkswagen’s hold on China, its largest single market, has eroded in recent years. Clarence Leong, WSJ, 27 July 2023 Instead of creating shows and movies that appeal to all 190 countries where the service is available, Netflix is focusing on content that resonates with a single market’s audience. Jin Yu Young, New York Times, 15 July 2023 These rules may well reach beyond the single market. Shelley McKinley, Fortune, 17 July 2023 In 2023, leaders are already responding to this trend, starting to use technologies, such as 3D printing and robotics, to produce certain orders locally and to avoid concentrating all their sourcing in a single market. Quartz Creative For Ey-Parthenon, Quartz, 15 May 2023 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'single market.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Dictionary Entries Near single market

Cite this Entry

“Single market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/single%20market. Accessed 7 Dec. 2023.

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