common market

noun

: an economic association (as of nations) formed to remove trade barriers among its members

Examples of common market in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
That chaos would make the ideal of an African common market that could replicate the success of the European Economic Community even more remote. Branko Milanovic, Foreign Affairs, 14 June 2023 The country hasn’t been able to benefit from migration flows to offset a tight labor market, unlike in the European Union’s common market. Ryan Hogg, Fortune Europe, 4 May 2024 Jacques Delors, a French elder statesman who spent a decade as president of the European Commission — the European Union’s executive branch — and became a driving force behind the continent’s economic integration and a leading proponent of a common market and currency, has died at 98. Benjamin Soloway, Washington Post, 27 Dec. 2023 Analysts say that such electoral calculations coupled with the grain issue – which portends a longer-term conflict if and when Ukraine joins the European common market – set the stage for the dispute with Kyiv. Dominique Soguel, The Christian Science Monitor, 13 Oct. 2023 See all Example Sentences for common market 

Word History

First Known Use

1843, in the meaning defined above

Time Traveler
The first known use of common market was in 1843

Dictionary Entries Near common market

Cite this Entry

“Common market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/common%20market. Accessed 25 Nov. 2024.

More from Merriam-Webster on common market

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!