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单词 single market
释义 single market

The unified European market created in 1992 by the Single European Act. This was supposed to be achieved through the removal of all barriers to movements of goods, labour, and capital between member countries of the European Community (EC). It was expected to have a substantial effect in raising European GDP by increasing efficiency, removing frontier controls, and opening up public contracts to EU-wide competition. These objectives have not (in 2002) yet been fully achieved.

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更新时间:2025/2/2 12:10:05