Overview

customs union


Show Summary Details

Quick Reference

A group of countries with free trade between members and a common external tariff on trade with non-members. These trading rules govern a large proportion of trade, but may exclude particular sectors of the economy, such as agricultural products. See also free-trade area.

Subjects: Economics.


Reference entries

See all related reference entries in Oxford Index »


Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.