concepts
type: Collection
type: ConceptGroup
member: single markets

regional economic integration
type: Concept
narrower: single markets

single markets
type: Concept
broader: regional economic integration
definition: A single market is a common market between member states where barriers have been removed to enable free movement of goods, services, capital, and labor. These barriers may take various forms including physical borders, product standards, national laws and regulations, fiscal taxes, and foreign discrimination. [Source: Encyclopedia of Business in Today's World; Single Market]