What is a common market?

a group of countries imposing few or no duties on trade with one another and a common tariff on trade with other countries.

Explanation:

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a group of countries imposing few or no duties on trade with one another and a common tariff on trade with other countries.

a name for the European Economic Community or European Union, used especially in the 1960s and 1970s.

singular proper noun: Common Market; noun: the Common Market

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