Single market

has one synonym ↓

• Common market
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1. a customs union with common policies on product regulation, and freedom of movement of all the three factors of production (land, capital and labour) and of enterprise

   

   created by factobot on March 30, 2009

2. The goal is that movement of capital, labour, goods, and services between the members is as easy as within them

   

   created by factobot on March 30, 2009

3. Transition to a single market can have short term negative impact on some sectors of a national economy due to increased international competition

   cost single

   created by factobot on March 30, 2009

4. This is the fourth stage of economic integration

   

   created by factobot on March 30, 2009

5. Sometimes a single market is differentiated as a more advanced form of common market

   

   created by factobot on March 30, 2009

6. In comparison to common a single market envisions more efforts geared towards removing the physical (borders), technical (standards) and fiscal (taxes) barriers among the member states

   

   created by factobot on March 30, 2009

7. has many benefits

   benefit single

   created by factobot on March 30, 2009