What is the Single Market?

Here is the Simple Politics guide to the Single Market - and a couple of pros and cons.

This is an advanced type of free-trade area. It seeks to remove other types of barriers to ensure that trade is as frictionless as possible. This can be done, for example, by agreeing on a set of standards for a product    In the EU single market, member states must pay towards the EU buget and adhere to the four freedoms: the free movement of goods, capital, services and people.  All EU 28 member states are in the single market plus 4 other countries:  Iceland, Liechtenstein, Norway, and Switzerland.  The UK government wants to leave the single market and create a new free-trade agreement that allows access to some areas of the single market which would benefit certain industries such as for manufacturing or financial services.
This is an advanced type of free-trade area. It seeks to remove other types of barriers to ensure that trade is as frictionless as possible. This can be done, for example, by agreeing on a set of standards for a product In the EU single market, member states must pay towards the EU buget and adhere to the four freedoms: the free movement of goods, capital, services and people. All EU 28 member states are in the single market plus 4 other countries: Iceland, Liechtenstein, Norway, and Switzerland. The UK government wants to leave the single market and create a new free-trade agreement that allows access to some areas of the single market which would benefit certain industries such as for manufacturing or financial services.