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EEC
EEC Definition
The EEC, broadly classified as the European Economic Community, was an organization in the European states, whose major objective was to bring about trade and economic exchange in its member nations and 
strengthen the ties between the nations. This existed since 1957, but at the time of the creation of the European Union, in the year 1993, it was renamed as the European Community. The fundamental aim of the community is defined as the economic integration of a common market in the member states.
Usage
The EEC is a very important community of the EU even after 48 years of its creation and still holds to be the one that helps the EU decide on the economic aspects of the nations.
