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What is the definition of a common market?

shared goods and services in multiple nations
a single currency shared between nations
no barriers to trade from nation to nation
free and open competition between nations

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LearnGrow

The following is the definition of a common market: no barriers to trade from nation to nation. Correct answer: C The common market is formed to remove trade barriers among its members and to promote duty free trade and free movement of labor and capital among its members .

Parrain

The definition of a common market is a market with no barriers to trade from nation to nation.

What is a common market?

This is a market between nations where there are no trade restrictions such as tariffs.

Instead, all nations in this common market, are allowed to freely export and import goods to and from nations in that common market.

In conclusion, option C is correct.

Find out more on common markets at https://brainly.com/question/26638886.

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