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Category: Technology
Word Count: 590
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Caribbean Single Market and Economy

A single market is thus somewhat different from a 'common market' which is an arrangement among States to remove market barriers, while the frontiers themselves remain. In the Revised Treaty of Chaguaramas, unlike the Single European Act (1986), there is no concept of an area without frontiers. In fact, to the contrary, the Treaty implicitly rests on the maintenance of frontiers, within which it is the aim to liberalize conditions of access to markets. Thus, although the Treaty refers to a 'sing
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