European Economic Area 1
noundomain: group
EnWordnet [ver.5.0]
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EnglishDefinition
The European Economic Area (EEA) provides for the free movement of goods, persons, services and capital through three of four member states of the European Free Trade Association (EFTA) (Iceland, Liechtenstein and Norway), and 27 of 28 member states of the European Union (EU), with Croatia provisionally applying the agreement pending its ratification by all EEA countries.
Examples
- 1.By the time the EEA was established, however, several developments hampered its credibility.
