1. An association of countries established to promote free trade and the free movement of goods, services, capital, and labor among member states
The European Common Market was established in 1957 to facilitate trade between member nations.
O Mercado Comum Europeu foi estabelecido em 1957 para facilitar o comércio entre as nações membros.
2. A unified economic zone with common tariffs and trade policies
Countries in a common market benefit from reduced trade barriers and increased economic integration.
Os países em um mercado comum se beneficiam de barreiras comerciais reduzidas e maior integração econômica.