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See also: European Economic Community
common market
noun
: an economic association (as of nations) formed to remove trade barriers among its members
Example Sentences
Recent Examples on the Web My long-term vision is to establish a common market of democracies because the world’s democracies represent about 60 percent of the global economy. 
Yasmeen Serhan, The Atlantic, 18 July 2022 Consider Index Funds Instead of trying to beat the market, index funds such as the S&P 500 simply track a common market index. Jaime Catmull, Forbes, 29 June 2022 Goods and people could travel freely within the EU’s common market, obviating the need for a border anyway. Joseph C. Sternberg, WSJ, 19 May 2022 Once planted, this idea grew into what is the European Union today, in which German economic might is managed through a common market, with common rules and a common currency set by a common institution. Tom Mctague, The Atlantic, 4 Apr. 2022 The European Union began as a common market that slowly expanded in size. Damon Linker, The Week, 4 Mar. 2022 Global economies have taken significant steps toward forging alliances that spread common market values and industrial leadership, but there is more work to be done in terms of international collaboration. Sanjay Brahmawar, Fortune, 28 Dec. 2021 Europe, the world’s largest common market, has been flexing its regulatory muscle over US tech giants in recent years. Scott Nover, Quartz, 2 Dec. 2021 Europe is always more than the common market, more than the European Union. Fox News, 1 Jan. 2021 See More
Yasmeen Serhan, The Atlantic, 18 July 2022 Consider Index Funds Instead of trying to beat the market, index funds such as the S&P 500 simply track a common market index. Jaime Catmull, Forbes, 29 June 2022 Goods and people could travel freely within the EU’s common market, obviating the need for a border anyway. Joseph C. Sternberg, WSJ, 19 May 2022 Once planted, this idea grew into what is the European Union today, in which German economic might is managed through a common market, with common rules and a common currency set by a common institution. Tom Mctague, The Atlantic, 4 Apr. 2022 The European Union began as a common market that slowly expanded in size. Damon Linker, The Week, 4 Mar. 2022 Global economies have taken significant steps toward forging alliances that spread common market values and industrial leadership, but there is more work to be done in terms of international collaboration. Sanjay Brahmawar, Fortune, 28 Dec. 2021 Europe, the world’s largest common market, has been flexing its regulatory muscle over US tech giants in recent years. Scott Nover, Quartz, 2 Dec. 2021 Europe is always more than the common market, more than the European Union. Fox News, 1 Jan. 2021 See More Word History
First Known Use
1843, in the meaning defined above
Time Traveler
The first known use of common market was in 1843 👨🏻🏫 Mr. Ng 韋氏詞典 📚 – mw.mister5️⃣.net
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