Word info

single market

Noun

Meaning

English Wikipedia has an article on:single marketWikipedia
single market (plural single markets)

a trade bloc with some common product-regulation policies in which most trade barriers have been removed

Source: en.wiktionary.org

Examples

There can be no frictionless trade outside of the customs union and the single market. Friction is an inevitable side-effect of Brexit by nature. Donald Tusk

Our participation in the single market, and our ability to help set its rules is the principal reason for our membership of the EU. So it is a vital interest for us to protect the integrity and fairness of the single market for all its members. David Cameron

Britain, as a relatively large economy which exports more to non-EU than to EU markets, would be better off trading freely with the single market than belonging to it. Daniel Hannan

You can not leave the European Union and be in the single market and the customs union. Liam Fox

[leaving the EU and the single market is] not the right way to control immigration. David Cameron

Labour would seek a final deal that gives full access to European markets and maintains the benefits of the single market and the customs union. Jeremy Corbyn

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