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Meaning of customs union | Babel Free

Noun CEFR B2

Definitions

A type of trade bloc which is composed of a free trade area with a common external tariff.

Equivalents

Examples

“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.”

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

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