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Common Market

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Common Market

Popular name for the European Economic Community; see European Union.

common market

Organization of autonomous countries formed to promote trade; see customs union.



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The Common Market which shall be managed in accordance with relevant laws of the East African Community provides for the free movement of goods, persons, labour, services and capital.
gathered at the bloc's headquarters Friday to sign a common market treaty to allow free trade, movement and right of residence in the region.
Much of his discussion centers around Mercosur, The Common Market of the South, particularly its origin and development, nature and dynamics, and potential.
 
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