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Definition of common market noun from the Oxford Advanced Learner's Dictionary

common market

noun
 
/ˌkɒmən ˈmɑːkɪt/
 
/ˌkɑːmən ˈmɑːrkɪt/
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  1. [countable, usually singular] a group of countries that have agreed on low taxes on goods traded between countries in the group, and higher fixed taxes on goods imported from countries outside the groupTopics Moneyc1, Politicsc1
  2. the Common Market
     [singular] a former name of the European Union
See common market in the Oxford Advanced American DictionarySee common market in the Oxford Learner's Dictionary of Academic English
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Nearby words

trait
noun
 
 
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