English Dictionary |
CUSTOMS UNION
Pronunciation (US): | (GB): |
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Dictionary entry overview: What does customs union mean?
• CUSTOMS UNION (noun)
The noun CUSTOMS UNION has 1 sense:
1. an association of nations to promote free trade within the union and set common tariffs for nations that are not members
Familiarity information: CUSTOMS UNION used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
An association of nations to promote free trade within the union and set common tariffs for nations that are not members
Classified under:
Nouns denoting groupings of people or objects
Hypernyms ("customs union" is a kind of...):
union (a political unit formed from previously independent people or organizations)
Hyponyms (each of the following is a kind of "customs union"):
Benelux (a customs union comprising Belgium and Netherlands and Luxembourg)
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