The continental territories of the member states of the European Union, animated in order of accession. Before 1993 it was called the European Community.
European Union
In 1957, six European countries (Germany, France, Italy, Belgium, the Netherlands, and Luxembourg) formed the European Economic Community, which has grown and now includes most of Europe, and has been renamed the "European Union". The two major areas of importance for business are the effects on trade policy, and the effects on agricultural policy . For international trade, the effect was good in that it lowered tariffs between countries (creating a customs union). With respect to agriculture, the effects were not so good, in that the result was a massive export subsidy program (see common agricultural policy)
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