single market

noun

economics
: a group of countries that have an agreement which allows goods to be moved, bought, or sold between them very easily
the European Union's single market

Examples of single market in a Sentence

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This is due to their integrated single market with free movement of goods, services, capital, and labour, as well as their strong regulatory cohesion and ambitious net-zero targets. Elena Bou, Forbes, 21 Jan. 2025 Boris Johnson’s Brexit deal—which was signed in 2020, cast British businesses far outside the E.U.’s single market, causing inevitable barriers to trade. Sam Knight, The New Yorker, 20 Jan. 2025 In April, the Council of the European Union released a report, prepared by former Italian Prime Minister Enrico Letta, on reforming the single market. Erik Jones, Foreign Affairs, 13 Jan. 2025 The cap limits the reach of any one broadcaster to 39% of the U.S. Station owners also hope for an easing of the broadcast duopoly rule, a reg limiting the number of stations a company can own in a single market. Jill Goldsmith, Deadline, 26 Dec. 2024 See all Example Sentences for single market 

Dictionary Entries Near single market

Cite this Entry

“Single market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/single%20market. Accessed 30 Jan. 2025.

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