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The European Community is a group of twelve European countries that have joined together to form a market to compete economically with the United States, Japan, and other countries.

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Introduction

THE MOST SUCCESSFUL TRADING BLOC By: Jasmine Saleh Core 1 The European Community is a group of twelve European countries that have joined together to form a market to compete economically with the United States, Japan, and other countries. Throughout its successful history, the European Community is made three organizations, which are the European Coal and Steel Community, the European Atomic Energy Community, and the European Economic Community. It is the largest importer and exporter in the world. The citizens have the right to vote in European elections and live anywhere in the Community because of their citizenship in Europe. The European Community is the one of the most successful trading blocs. ...read more.

Middle

The European Atomic Community allowed the nations to produce nuclear energy for peaceful uses. The European Economic Community created a common market for all nations. These three communities formed the European Community, which has extended to include Britain, Denmark, Ireland, Greece, Spain, and Portugal. The European Community leads the world in economic power. It makes more goods than the United States, and it is the largest importer and exporter of goods in the world. The combined imports and exports of the European Community form a large percentage of the World's trade. The European Community exports almost 20% of goods and it imports 22.40% of its products for consumers. ...read more.

Conclusion

In 1997, Europe started working towards adopting a single currency among the nations. The twelve European countries have joined together to establish the European Community to economically compete with Japan, the United States, and other countries. The European Community has a successful history, and it is formed by three organizations together, which are the European Coal and Steel Community, the European Atomic Energy Community, and the European Economic Community. It is the largest importer and exporter of goods in the world, even surpassing the United States. The European Community citizens have the rights to live anywhere in the Community and vote in European elections because of their citizenship in Europe. In conclusion, the European Community is one of the most successful trading blocs. ...read more.

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