共きょう同どう市し場じょう

noun

common market

Economic term for a group of countries that have eliminated trade barriers and adopted common external tariffs, such as the European Economic Community.

• 欧おう州しゅう共きょう同どう市し場じょうは、後のちのEUの基き盤ばんとなった。

  The European Common Market became the foundation for the later EU.