» 
Arabic Bulgarian Chinese Croatian Czech Danish Dutch English Estonian Finnish French German Greek Hebrew Hindi Hungarian Icelandic Indonesian Italian Japanese Korean Latvian Lithuanian Malagasy Norwegian Persian Polish Portuguese Romanian Russian Serbian Slovak Slovenian Spanish Swedish Thai Turkish Vietnamese
Arabic Bulgarian Chinese Croatian Czech Danish Dutch English Estonian Finnish French German Greek Hebrew Hindi Hungarian Icelandic Indonesian Italian Japanese Korean Latvian Lithuanian Malagasy Norwegian Persian Polish Portuguese Romanian Russian Serbian Slovak Slovenian Spanish Swedish Thai Turkish Vietnamese

definition - Single_market

definition of Wikipedia

   Advertizing ▼

analogical dictionary

single market (n.)


Wikipedia

Single market

                   

A single market is a type of trade bloc which is composed of a free trade area (for goods) with common policies on product regulation, and freedom of movement of the factors of production (capital and labour) and of enterprise and services. The goal is that the movement of capital, labour, goods, and services between the members is as easy as within them.[1] The physical (borders), technical (standards) and fiscal (taxes) barriers among the member states are removed to the maximum extent possible. These barriers obstruct the freedom of movement of the four factors of production.

A common market is a first stage towards a single market, and may be limited initially to a free trade area with relatively free movement of capital and of services, but not so advanced in reduction of the rest of the trade barriers.

The European Economic Community was the first example of a both common and single market, but it was an economic union since it had additionally a customs union.

Contents

  Benefits and costs

A single market has many benefits. With full freedom of movement for all the factors of production between the member countries, the factors of production become more efficiently allocated, further increasing productivity.

For both business within the market and consumers, a single market is a very competitive environment, making the existence of monopolies more difficult. This means that inefficient companies will suffer a loss of market share and may have to close down. However, efficient firms can benefit from economies of scale, increased competitiveness and lower costs, as well as expect profitability to be a result. Consumers are benefited by the single market in the sense that the competitive environment brings them cheaper products, more efficient providers of products and also increased choice of products. What is more, businesses in competition will innovate to create new products; another benefit for consumers.

Transition to a single market can have short term negative impact on some sectors of a national economy due to increased international competition. Enterprises that previously enjoyed national market protection and national subsidy (and could therefore continue in business despite falling short of international performance benchmarks) may struggle to survive against their more efficient peers, even for its traditional markets. Ultimately, if the enterprise fails to improve its organization and methods, it will fail. The consequence may be unemployment or migration.[citation needed]

  List of single markets

Every Economic union and Economic and monetary union has also a Common market

Additionally the autonomous and dependent territories, such as some of the EU member state special territories, are sometimes treated as separate customs territory from their mainland state or have varying arrangements of formal or de-facto customs union, common market and currency union (or combinations thereof) with the mainland and in regards to third countries trough the trade pacts signed by the mainland state.[3]

  Proposed

  Stages of economic integration around the World:
(each country colored according to the most advanced agreement that it participates into.)
  Common market (EEA, EFTA, CES)

  References

  1. ^ International Trade Theory and Policy
  2. ^ Initial FTA enforced 1 January 1973 WT/REG94/R/B/1
  3. ^ EU Overseas countries and some other territories participate partially in the EU single market per part four of the Treaty Establishing the European Community; Some EU Outermost regions and other territories use the Euro of the currency union, others are part of the customs union; some participate in both unions and some in neither.
    Territories of the United States, Australian External Territories and Realm of New Zealand territories share the currency and mostly also the market of their respective mainland state, but are generally not part of its customs territory.
  4. ^ Russia expects CIS countries to create free trade area
  5. ^ Member states will have to make several changes to their national laws to allow full implementation of the common market in areas such as immigration, labour and customs.

  External links

   
               

   Advertizing ▼

 

All translations of Single_market


sensagent's content

  • definitions
  • synonyms
  • antonyms
  • encyclopedia

Dictionary and translator for handheld

⇨ New : sensagent is now available on your handheld

   Advertising ▼

sensagent's office

Shortkey or widget. Free.

Windows Shortkey: sensagent. Free.

Vista Widget : sensagent. Free.

Webmaster Solution

Alexandria

A windows (pop-into) of information (full-content of Sensagent) triggered by double-clicking any word on your webpage. Give contextual explanation and translation from your sites !

Try here  or   get the code

SensagentBox

With a SensagentBox, visitors to your site can access reliable information on over 5 million pages provided by Sensagent.com. Choose the design that fits your site.

Business solution

Improve your site content

Add new content to your site from Sensagent by XML.

Crawl products or adds

Get XML access to reach the best products.

Index images and define metadata

Get XML access to fix the meaning of your metadata.


Please, email us to describe your idea.

WordGame

The English word games are:
○   Anagrams
○   Wildcard, crossword
○   Lettris
○   Boggle.

Lettris

Lettris is a curious tetris-clone game where all the bricks have the same square shape but different content. Each square carries a letter. To make squares disappear and save space for other squares you have to assemble English words (left, right, up, down) from the falling squares.

boggle

Boggle gives you 3 minutes to find as many words (3 letters or more) as you can in a grid of 16 letters. You can also try the grid of 16 letters. Letters must be adjacent and longer words score better. See if you can get into the grid Hall of Fame !

English dictionary
Main references

Most English definitions are provided by WordNet .
English thesaurus is mainly derived from The Integral Dictionary (TID).
English Encyclopedia is licensed by Wikipedia (GNU).

Copyrights

The wordgames anagrams, crossword, Lettris and Boggle are provided by Memodata.
The web service Alexandria is granted from Memodata for the Ebay search.
The SensagentBox are offered by sensAgent.

Translation

Change the target language to find translations.
Tips: browse the semantic fields (see From ideas to words) in two languages to learn more.

last searches on the dictionary :

2135 online visitors

computed in 0.156s

   Advertising ▼

I would like to report:
section :
a spelling or a grammatical mistake
an offensive content(racist, pornographic, injurious, etc.)
a copyright violation
an error
a missing statement
other
please precise:

Advertize

Partnership

Company informations

My account

login

registration

   Advertising ▼

**Persian Market**Single Fan Daylily Plant Large Hot Pink Lily Reblooming Flower (5.35 USD)

Commercial use of this term

2001-2012 GM Chevy Single Din Dash Kit After Market Radio Stereo Installation (11.19 USD)

Commercial use of this term

LORD SLIM Carnival Jam/ Market Vendors RARE 12" Reggae Disco Funk SOCA CALYPSO (16.0 USD)

Commercial use of this term

45 RPM W/ Picture Sleeve, Kids, MY #1213, Bubblegum Singers, To Market To Market (2.89 USD)

Commercial use of this term

After Market Single Hub Cap Wheel Cover Center Used with normal wear (17.4 USD)

Commercial use of this term

Something 4 The Deejays - Black Market Box (Everybody Remix) 12" Not On Label (3.74 USD)

Commercial use of this term

MARILLION: Market Square Heroes +2 12 (UK, pic disc, PVC sleeve) rare Rock & Po (85.0 USD)

Commercial use of this term

After Market Single Hub Cap Wheel Cover Center Used normal wear 1 broken clip (13.05 USD)

Commercial use of this term

Gary McFarland - By The Time I Get To Phoenix/Flea Market 45 - Skye 453 (10.99 USD)

Commercial use of this term

Swooper Flag 2 Pack Farmers Market Red White Produce (35.77 USD)

Commercial use of this term

The Herbie Haymer Quintet 78rpm Sunset Recordings #7561 Black Market Stuff (9.99 USD)

Commercial use of this term

FDC- 1992 - Single European Market - with Special Dover cancel (1995) (1.99 GBP)

Commercial use of this term

Brixton Market Israelites UK Reggea Ska 7" Turkish Edition (15.0 USD)

Commercial use of this term

Swooper Flag Half Sleeve Farmers Market Red White Produce (21.47 USD)

Commercial use of this term

Swooper Flag 2 Pack Market Red White Green Italian (35.77 USD)

Commercial use of this term

Yankee Candle 3.7 oz single wick glass mini's 25-40 hours new any 2 ship free (7.95 USD)

Commercial use of this term

Swooper Flag 2 Pack Meat Market Red Yellow T Bone Steaks (35.77 USD)

Commercial use of this term

Swooper Flag Half Sleeve Market Red White Green Italian (21.47 USD)

Commercial use of this term

Swooper Flag Half Sleeve Meat Market Red Yellow T Bone Steaks (21.47 USD)

Commercial use of this term