common market (Meaning)
common market (n)
an international organization of European countries formed after World War II to reduce trade barriers and increase cooperation among its members
Synonyms & Antonyms of common market
No Synonyms and anytonyms found
common market Sentence Examples
- The common market facilitates the free movement of goods, services, and capital among member countries.
- Participating nations in the common market aim to eliminate trade barriers and promote economic integration.
- One of the benefits of the common market is the expansion of consumer choices due to increased competition.
- Member states of the common market often coordinate their economic policies to enhance efficiency and growth.
- The common market encourages specialization and the efficient allocation of resources across borders.
- Access to a larger common market can provide businesses with opportunities for growth and expansion.
- The common market fosters a level playing field for businesses, promoting fair competition.
- Countries within the common market often negotiate trade agreements collectively to strengthen their position in global markets.
- The common market can lead to higher standards of living through increased trade and investment.
- Economic stability and resilience are often cited as key objectives of the common market.
FAQs About the word common market
an international organization of European countries formed after World War II to reduce trade barriers and increase cooperation among its members
No synonyms found.
No antonyms found.
The common market facilitates the free movement of goods, services, and capital among member countries.
Participating nations in the common market aim to eliminate trade barriers and promote economic integration.
One of the benefits of the common market is the expansion of consumer choices due to increased competition.
Member states of the common market often coordinate their economic policies to enhance efficiency and growth.
