Definitions for single market
sin·gle mar·ket

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1. Single market

   A single market is a type of trade bloc in which most trade barriers have been removed (for goods) with some common policies on product regulation, and freedom of movement of the factors of production (capital and labour) and of enterprise and services. The goal is that the movement of capital, labour, goods, and services between the members is as easy as within them. The physical (borders), technical (standards) and fiscal (taxes) barriers among the member states are removed to the maximum extent possible. These barriers obstruct the freedom of movement of the four factors of production (goods, capital, services, workers). A common market is usually referred to as the first stage towards the creation of a single market. It usually is built upon a free trade area with no tariffs for goods and relatively free movement of capital, workers and services, but not so advanced in reduction of other trade barriers.A unified market is the last stage and ultimate goal of a single market. It requires the total free movement of goods, services (including financial services), capital and people without regard to national boundaries.

WikidataRate this definition:0.0 / 0 votes

1. Single market

   A single market is a type of trade bloc which is composed of a free trade area with common policies on product regulation, and freedom of movement of the factors of production and of enterprise and services. The goal is that the movement of capital, labour, goods, and services between the members is as easy as within them. The physical, technical and fiscal barriers among the member states are removed to the maximum extent possible. These barriers obstruct the freedom of movement of the four factors of production. A common market is a first stage towards a single market, and may be limited initially to a free trade area with relatively free movement of capital and of services, but not so advanced in reduction of the rest of the trade barriers. The European Economic Community was the first example of a both common and single market, but it was an economic union since it had additionally a customs union.

How to pronounce single market?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say single market in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of single market in Chaldean Numerology is: 2

2. Pythagorean Numerology

   The numerical value of single market in Pythagorean Numerology is: 8

Examples of single market in a Sentence

1. Jim Orr:

   It's a tremendous debut, it’s playing very broadly across North America. Every single market doing extraordinarily well.

2. German Agriculture Minister Christian Schmidt:

   We are in a single market, and that must be adhered to.

3. England Prime Minister David Cameron:

   The only project I am interested in is 'Project Fact', if 'Project Fact' is about saying 'stay', then you know what you get: the (EU single) market open, jobs being created, businesses locating here, financial services being able to trade all over Europe. If you leave, you don't have those facts, you have a lot of uncertainty.

4. Benjamin Hung:

   What we have been doing is establishing a new risk tolerance framework and appetite, ensuring that the bank doesn't get overly concentrated in any particular single borrower or single market or single industry, the market remains highly uncertain, but at least we believe that this is a step in the right direction in terms of making us control our loan impairment.

5. Prime Minister Cameron:

   For London to be a world city, it has to have influence, it has to remain in Europe, europe adds value in terms of allowing us into the single market.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Single_Market
2. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=single market