customs union
ACRONYM
اتحادیه گمرکی، حقوقی: مجموعه ای از چند کشور که کالاهای یکدیگر را بدون حقوق و عوارض گمرکی وارد و صادر می کنند، بازرگانی: اتحادیه گمرکی
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English Dictionary customs union noun - a group of states that agree to have the same taxes on imported goods and usually to allow free trade between themselvesTopics
[TahlilGaran] English Dictionary ▲
Acronyms and AbbreviationsCustoms Union · A group of nations which have agreed to eliminate tariffs on goods traded among members while imposing common external tariffs on goods entering from outside the union. The European Common Market is the best known example. [TahlilGaran] Acronyms and Abbreviations Dictionary ▲
· An agreement between two or more countries to remove trade barriers with each other and to establish common tariff and nontariff policies with respect to imports from countries outside of the agreement. The European Community is the most well-known example. The two primary trade effects of a customs union are: (a) trade creation -- the shift from consumption of domestic production toward consumption of member imports and (b) trade diversion -- the shift from trade with non-member countries in favor of trade with member countries. [TahlilGaran] Acronyms and Abbreviations Dictionary ▲