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Even More United Nations

Or Something to that Affect!

During the Cold War….

In addition to most Western European nations joining NATO, the European Economic Community (EEC) was formed to create a period of economic growth in democratic European countries.

Lowered trade restrictions and increased trade opportunities.

Getting rid of tariffs

The main goal was to create a “single market” across Europe and eliminate tariffs. (taxes)

The EU

The EEC was replaced by the European Union (EU) in 1993

Had the same basic goal of economic cooperation, but which worked to bring the countries even closer together.

Created the Euro (common money for Europe).

Expanding the idea….

When communism fell, some Eastern European countries joined.

It expanded from an economic idea to political concepts like laws too.

NAFTA

The countries of North America liked this concept.

In 1994, the North American Free Trade Agreement was created, allowing America, Mexico, and Canada to trade freely.

It is the largest area of free trade in the world.