Economics B A-Level
Single market
What Single market means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Single market
Check what you remember
Read the wording for your board, then hide it and explain Single market in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Arrangement, such as the European Union, allowing the free movement of goods, services, capital, and labour, deeply integrating members' economies.
Topics that use Single market
- Trading blocs (Pearson Edexcel A-Level)
Related terms
- Economic interdependence
- Free trade area
- Macroeconomic shocks
- Supply chain integration
- Trade creation
- Trade diversion
- Trading blocs
- Economic integration
Using Single market in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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