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

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In April 2024, the EU commissioned the former Italian prime minister Enrico Letta to produce a diagnostic on the state of play of the EU single market and propose measures to deepen it. Arancha González Laya, Foreign Affairs, 12 May 2025 Not a single market managed to hit $500,000 — a dismal result for a major studio release. Rebecca Rubin, Variety, 23 Mar. 2025 Many other barriers slow innovation and competitiveness in Europe much more than regulations do: the continent’s fragmented digital single market, lack of deep and integrated capital markets, restrictive immigration policies, inflexible labor markets, and risk-averse entrepreneurial culture. Anu Bradford, Foreign Affairs, 21 Apr. 2025 That’s because the auto industry has spent decades operating as if all of North America is a single market, moving cars parts and vehicles freely across borders of the three countries. Chris Isidore, CNN, 1 Mar. 2025 See All Example Sentences for single market

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“Single market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/single%20market. Accessed 19 May. 2025.

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