European Economic Community

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Definition
  1. Proper noun:
    • A historical international organization: The European Economic Community (EEC) was an organization of European countries created to promote economic integration, primarily by establishing a common market and reducing trade barriers among its member states. It was a major precursor to the modern European Union.
Usage Examples
  • Proper noun:
    • The European Economic Community was established by the Treaty of Rome in 1957.
    • France was a founding member of the European Economic Community.
    • The policies of the European Economic Community aimed to ensure the free movement of goods, people, and capital.
Advanced Usage
  • Historical reference: The term is used primarily in historical and political contexts to refer to the organization that existed from 1958 to 1993.
    • The European Economic Community evolved into the European Community (EC), which later became a pillar of the European Union.
Variants and Related Words
  • European Community (EC): The name adopted by the EEC in 1993 as part of the Maastricht Treaty.
  • Common Market: A popular informal name for the EEC, emphasizing its core economic function.
  • European Union (EU): The broader political and economic union that succeeded the European Communities.
Synonyms
  • EEC (Abbreviation)
  • Common Market (Informal)
Related Phrases
  • Member of the EEC: A country belonging to the European Economic Community.
    • In 1973, the United Kingdom became a member of the EEC.
Noun
  1. an international organization of European countries formed after World War II to reduce trade barriers and increase cooperation among its members
    • he tried to take Britain into the Europen Union