European Economic Community

European Economic Community

noun
official name of the Common Market ( def 1 ). Abbreviation: EEC

Origin:
1955–60

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European Economic Community
 
n
Informal name: Common Market, EEC the former W European economic association created by the Treaty of Rome in 1957; in 1967 its executive and legislative bodies merged with those of the European Coal and Steel Community and the European Atomic Energy Community to form the European Community (now part of the European Union)

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