common market

• Экономический термин, обозначающий группу стран, которые согласились устранить тарифы и торговые барьеры между собой, обеспечивая свободное движение товаров, услуг, капитала и рабочей силы. Часто исторически используется для обозначения Европейского экономического сообщества (ЕЭС).

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.

   Общий рынок

   • 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.