single market

British  

noun

1. a market consisting of a number of nations, esp those of the European Union, in which goods, capital, and currencies can move freely across borders without tariffs or restrictions

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Example Sentences

In a recent report, former European Central Bank President Mario Draghi said consolidating the European telecom sector was essential to create a seamless single market and ensure sufficient investment in infrastructure and security.

From The Wall Street Journal

JPMorgan Chase Chief Executive Jamie Dimon said recently that the EU “got bogged down” and never finished eliminating barriers in its single market.

From The Wall Street Journal

The party also said it would not rejoin the EU's single market, where countries adopt common laws in some areas to make it easier to trade goods and services.

From BBC

The European Union presented a plan to remove national barriers that stand in the way of a single market for financial services, which it sees as a key step to reviving the bloc’s faltering economy.

From The Wall Street Journal

Albuquerque said Europe was losing ground “geopolitically and economically,” and needs to advance its single market to halt its decline.

From The Wall Street Journal