English - Turkish
Definition of the european economic community (eec), common market in English Turkish dictionary
- Avrupa Ekonomik Topluluğu
- the european community
- avrupa birliği
- European Economic Community
- avrupa ekonomik topluluğu
- European Economic Community
- ortak pazar
- european economic community
- (Avrupa Birliği) (EEC) Avrupa Ekonomik Topluluğu (AET)
- the European Community
- Avrupa Topluluğu
- the European Economic
- Avrupa Ekonomik Topluluğu
Related Terms
English - English
Definition of the european economic community (eec), common market in English English dictionary
- European Economic Community
- An economic organization established in 1958 to reduce tariff barriers and promote trade among western European countries, including Belgium, Luxembourg, the Netherlands, France, Italy, and West Germany. The United Kingdom, Ireland, and Denmark joined in 1973, Greece in 1981, Spain and Portugal in 1986, and Austria, Finland, and Sweden in 1995. later European Community (EC) known as the Common Market Association of European countries designed to promote European economic unity. It was established by the Treaty of Rome in 1957 to develop the economies of the member states into a single common market and to build a political union of the states of western Europe. The EEC also sought to establish a single commercial policy toward nonmember countries, to coordinate transportation systems, agricultural policies, and general economic policies, to remove measures restricting free competition, and to assure the mobility of labour, capital, and entrepreneurship among member states. The liberalized trade policies it sponsored from the 1950s were highly successful in increasing trade and economic prosperity in western Europe. In 1967 its governing bodies were merged into the European Community. In 1993 the EEC was renamed the European Community (EC); it is now the principal organization within the European Union
- European Economic Community
- EEC, economic union of some European nations created in order to unify their trade policies and remove trade barriers between them
- European Economic Community
- eec
- The European Community
- ec
Related Terms
Turkish - English
Definition of the european economic community (eec), common market in Turkish English dictionary
- the European Community
- {k} EC
Related Terms
the european economic community (eec), common market
Hyphenation
the Eu·ro·pe·an e·co·no·mic com·mu·ni·ty (eec), com·mon mar·ketPronunciation
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