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customs union

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customs union

Owned by Dennis Daggett (Deactivated)
2018-02-16

An agreement between two or more countries to remove trade barriers between each other and to establish common tariff and nontariff policies with respect to other countries. The European Community (EC) of the European Union (EU) is the best know customs union.

Authorization Path: 2.5.7.2.27.0

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