marché commun

A "marché commun" (common market) is a type of economic integration where countries agree to reduce trade barriers like tariffs and quotas, allowing goods, services, and factors of production—such as labor and capital—to move freely across borders. Unlike simple free trade areas, a common market harmonizes regulations and policies, fostering deeper economic cooperation. This setup aims to boost economic growth, increase competition, and provide consumers with more choices. It requires participating countries to coordinate policies to ensure smooth functioning and to prevent unfair advantages, ultimately promoting closer economic integration among member nations.