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TeachMeFinance.com - explain Customs union Customs union The term 'Customs union ' as it applies to the area of agriculture can be defined as ' An agreement between two or more countries to remove trade barriers between each other and to establish common tariff and nontariff policies with respect to other countries. The European Community (EC) of the European Union (EU) is the best know customs union'. Previous 5 Terms: Custodial Care Facility Custodian Custom feeders Customer choice Customs import value (C.I.V.) Next 5 Terms: Cut cutaneous Cutoff Cut-off grade (uranium) Cutoff Low About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.