common market

• Terme économique désignant un groupe de pays ayant convenu de supprimer les tarifs douaniers et autres barrières commerciales entre eux, assurant la libre circulation des biens, services, capitaux et travailleurs. Souvent utilisé historiquement pour désigner la Communauté économique européenne (CEE).

An economic term referring to a group of countries that agree to eliminate tariffs and trade barriers among themselves, allowing free movement of goods, services, capital, and labor. Often used historically to refer to the European Economic Community (EEC).

1. Economic UnionB2formal

   A group of countries that agree to eliminate tariffs and trade barriers among themselves, allowing free movement of goods, services, capital, and labor.

   marché commun

   • The European Union began as a common market for coal and steel.
   • Member states of a common market benefit from reduced trade restrictions.
   • The common market helped boost economic growth across the region.