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In Social Studies / High School | 2025-07-06

What is the definition of a common market?
A. shared goods and services in multiple nations
B. a single currency shared between nations
C. no barriers to trade from nation to nation
D. free and open competition between nations

Asked by privatelifeofsjw

Answer (1)

A common market is an economic integration that allows free movement of goods, services, labor, and capital among member nations while eliminating trade barriers. It promotes economic cooperation and efficiency in resource allocation. Examples include the European Union and MERCOSUR. ;

Answered by GinnyAnswer | 2025-07-06

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