Customs union
A customs union is a free trade area with a common external tariff. That is, the same customs duties, quotas, preferences and so forth apply to all goods entering the area, regardless of which country within the area they are entering.
Examples of customs unions include the EFTA, the European Union, the Zollverein, and the Turkey-EC customs union.
see also international trade, Trade bloc
Referenced By
Foreign relations of Gibraltar | Foreign trade | Geography of Gibraltar | Gibilterra | Gibraltar | Gibraltar/Geography | Gibraltar/History | Gibraltar/Military | Gibraltar/Transnational issues | Gibralter | ISO 3166-1:GI | Import | International Trade/Risks | International trade | List of international trade topics | Military of Gibraltar
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