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Review:

Single Market

overall review score: 4.5
score is between 0 and 5
A single-market is a type of trade agreement where goods, services, people, and capital can move freely within the designated area.

Key Features

  • Free movement of goods
  • Free movement of services
  • Free movement of people
  • Free movement of capital

Pros

  • Promotes economic growth
  • Increases competition
  • Reduces trade barriers

Cons

  • Loss of national sovereignty in certain aspects
  • Can lead to issues with enforcement and regulation

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Last updated: Sun, Feb 2, 2025, 12:05:41 AM UTC