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Q: customs union
A: A customs union is a type of trade bloc which is composed of a free trade area with a common external tariff. ]
Expert answered|bongche|Points 2413|
Question
Asked 6/28/2012 7:14:30 AM
Updated 4/23/2014 10:43:32 AM
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This answer has been confirmed as correct and helpful.
Edited by selymi [4/23/2014 10:43:30 AM], Confirmed by selymi [4/23/2014 10:43:32 AM]
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define common market
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Not Answered
Updated 3/6/2014 11:52:15 AM
1 Answer/Comment

Common market - a group formed by countries within a geographical area to promote duty free trade and free movement of labor and capital among its members.

Added 3/6/2014 11:52:15 AM
This answer has been confirmed as correct and helpful.
What is common market?
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Not Answered
Updated 4/29/2015 3:46:19 PM
1 Answer/Comment

A common market is an extension of the customs union concept, with the additional feature that it provides for the free movement of labour and capital among the members.

Added 4/29/2015 3:46:12 PM
This answer has been confirmed as correct and helpful.
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