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1. Oxford Dictionary

   common market

   • IPA[ˌkɒmən ˈmɑːkɪt]

   英式

   • n.
     a group of countries imposing few or no duties on trade with one another and a common tariff on trade with other countries.；a name for the European Economic Community or European Union, used especially in the 1960s and 1970s.

   • noun: common market, plural noun: common markets