customs union

English

Noun

customs union (plural customs unions)

  1. a type of trade bloc which is composed of a free trade area with a common external tariff
    • 2018, Jonathan Lis, Theresa May faces her party as a desperate gambler in hope of a break in the Guardian.
      It appears the whole UK will remain in the customs union, so there are no tariff divergences or checks either on the island of Ireland or within the United Kingdom.

Translations

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