Definition, Meaning & Synonyms
eec
abbreviation
/iː iː ˈsiː/
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Definition
European Economic Community.
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Examples
- The EEC was established by the Treaty of Rome in 1957.
- Many countries benefited economically from joining the EEC.
- The EEC laid the groundwork for the European Union.
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Meaning
The European Economic Community was a regional organization that aimed to create a common market among its member states to foster economic integration and development.
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Synonyms
- European Community (EC)
- Common Market
- European Union (EU) – in a historical context