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TeachMeFinance.com - explain European Union (EU) European Union (EU) The term 'European Union (EU) ' as it applies to the area of agriculture can be defined as ' Since 1993, the term used to describe the European Community and related institutions. The entry into force of the Maastricht Treaty of European Union on November 1, 1993, introduced this change in terminology regarding the EC and many of its institutions'.
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