a single market

USAGE SUMMARY

The phrase "a single market" is correct and usable in written English.
It is typically used to refer to an economic system where goods, services, and labor can move freely across borders without tariffs or restrictions. Example: "The European Union aims to create a single market that enhances trade and economic cooperation among member states."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

59 human-written examples

The Japanese scheme would avoid dependency on a single market.

The Economist

But a single market is about much more than this.

Independent

Let's have a free trade deal with the United States, so that instead of a single market of 500 million, we have a single market of 800 million".

The Guardian

Remember that referendum about whether we should create a single market with the United States?

The Guardian - Opinion

"We will… bid farewell to our past over-reliance on a single market," she said.

The Guardian

We now need better networks and a single market to support the further success of apps.

The Guardian - Tech

"We have a single market in bananas, but not in energy," he points out.

The Guardian

The EU, a single market of 510 million people, requires unanimity on trade deals.

The Guardian

The rest wanted Britain to remain as part of a single market.

The Guardian

His sales pitch was simple: Europe, after May, will be a single market.

The New York Times

"It is not a single market as far as we are concerned," he said.

The Guardian - Tech

Expert writing Tips

Best practice

In economic discussions, clearly define the geographical or political boundaries of the "single market" you are referring to, such as the European Union or a specific trade agreement area.

Common error

Avoid assuming that all free trade agreements automatically create "a single market". A free trade agreement may reduce tariffs, but a single market also involves harmonizing regulations and standards.

Linguistic Context

The phrase "a single market" functions primarily as a noun phrase. It typically serves as a subject, object, or complement in a sentence, referring to an economic zone with reduced or eliminated trade barriers. As Ludwig AI confirms, this term is used to describe integrated economic systems.

Expression frequency: Very common

Frequent in

News & Media

67%

Science

27%

Formal & Business

3%

Less common in

Wiki

3%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "a single market" is a common and grammatically sound term used to describe an economic region with reduced trade barriers, as confirmed by Ludwig AI. Predominantly found in News & Media and Science contexts, it often serves to explain or advocate for economic integration policies. While alternatives like "unified market" or "integrated market" exist, it's crucial to differentiate a single market from simpler free trade agreements, which may lack harmonized regulations. To ensure accurate and effective communication, always clarify the scope and boundaries when referencing "a single market".

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

unified market

Emphasizes the unification aspect, differing in word choice while retaining the core meaning.

integrated market

Highlights the integration of different elements into one, similar to a single market.

common market

Implies shared regulations and policies within the market, slightly different in focus.

internal market

Focuses on the market within a specific region or entity, adding a layer of context.

single economic space

Replaces "market" with "economic space", altering the wording while preserving the meaning.

free trade area

Highlights the aspect of free trade within the market, shifting the emphasis.

domestic market

Focuses on the market within a nation's borders, narrowing the scope.

harmonized market

Emphasizes the alignment and standardization within the market, changing the perspective.

consolidated market

Highlights the consolidation of various markets, similar to a single entity.

unified economic region

Uses "economic region" instead of "market", changing the terminology.

FAQs

How is "a single market" different from a free trade area?

While both involve reducing trade barriers, "a single market" entails greater integration, including harmonizing regulations and allowing the free movement of goods, services, capital, and people. A free trade area primarily focuses on reducing tariffs.

What are the benefits of creating "a single market"?

Creating "a single market" can lead to increased trade, economic growth, and competitiveness by reducing costs, fostering innovation, and attracting investment. It can also improve consumer choice and lower prices.

What are some alternatives to saying "a single market"?

Depending on the context, you could use terms like "unified market", "integrated market", or "common market" to convey a similar meaning.

What are the challenges in establishing "a single market"?

Establishing "a single market" involves overcoming various challenges, such as harmonizing regulations, addressing political and cultural differences, and managing the economic impacts on different regions and industries.