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Treaty of Rome

Definition

The Treaty of Rome, signed in 1957, established the European Economic Community (EEC). It was a key document in shaping the structure and development of the European Union.

Analogy

Think of the Treaty of Rome as a school's founding charter. Just like how a charter sets out rules and goals for a school, this treaty set out rules and goals for economic cooperation among European countries.

Related terms

Supranationalism: A type of multinational political union where negotiated power is delegated to an authority by governments of member states.

European Commission: The executive branch of the EU responsible for proposing legislation, implementing decisions, upholding EU treaties and managing day-to-day business.

Single Market: A type of trade bloc which is composed of a free trade area with no internal borders or other regulatory obstacles to the free movement of goods and services.

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AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.