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Common Market

   Also found in: Dictionary/thesaurus, Financial, Wikipedia, Hutchinson 0.07 sec.
Common Market: see European Economic Community European Economic Community (EEC), organization established (1958) by a treaty signed in 1957 by Belgium, France, Italy, Luxembourg, the Netherlands, and West Germany (now Germany); it was known informally as the Common Market.
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Common Market
the. an informal name for the European Economic Community (now the European Community, part of the wider European Union) and its politics of greater economic cooperation between member states

Common Market
association of western European countries designed to facilitate free trade among members. [Eur. Hist.: EB, III: 1001]


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Soon after he won Mexico's presidential election on July 2, 2000, Vicente Fox proposed a Common Market to replace the free-trade area," Pastor, Morley, and Robinson wrote.
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Mercosur, the South American Common Market linking Brazil, Argentina, Uruguay and Paraguay is no exception.
 
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