EEA
noun
ukusECONOMICS,POLITICS
abbreviationforEuropeanEconomic Area: agroupofcountriesinEuropeformedin 1994 thatincludesallmembersof theEuropeanUnionandEFTA. Thesecountrieshave anagreementallowingthefreemovementofgoods,people,services, andmoneybetween them:
Manufacturerslocatedin Hungary canexportthroughoutthe EEA.