Definition, Meaning & Synonyms
eec
abbreviation
/iː iː ˈsiː/
Definition
European Economic Community.
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.
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.
Synonyms
- European Community (EC)
- Common Market
- European Union (EU) – in a historical context