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European Union
A group of European countries that have chosen to integrate many of their economic activities, including forming a customs union and harmonising many of their rules and regulations. Preceded by EEC and EC. As of July 1, 2013, the EU has 28 member countries.
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- Part of Speech: noun
- Synonym(s):
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- Industry/Domain: Economy
- Category: International economics
- Company: University of Michigan
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