1 definition by 💶💶💶
The European Union is a political, Legal and internal market. Thanks to the free market called the EFTA goods, people and capital can be moved freely. Nations in the EU can also decide to use the currency called the Euro 💶. Made up of 27 countries. The United Kingdom of Great Britain and Northern Ireland left on the 1st of January 2021. Other nations are close to the EU because of the EFTA The best example of this is Norway. Since the EU operates a single market agreements on regulations for goods are made up at the European commission. This is then debated at the European parliament.
by 💶💶💶 July 11, 2021