What Does EFTA Mean?
The Quick Answer
EFTA means "European Free Trade Association."More Observations...
The European Free Trade Association (EFTA) is a regional trade organization that was set up in 1960 for the promotion of free trade and economic integration. EFTA currently has only four member states: Iceland, Liechtenstein and Norway (which, together with the European Union EU, make up the European Economic Area (EEA)), plus Switzerland.Image for EFTA
When I write EFTA, I mean this:
![meaning of EFTA](../IMT_images/EFTA_definition.jpg)
The members of EFTA are Iceland, Liechtenstein, Norway, and Switzerland.
Summary of Key Points
"European Free Trade Association" is, by far, the most common meaning for EFTA when it is used in a text. (Bear in mind that it could have another meaning if used in a different context.)EFTA | |
---|---|
Definition: | European Free Trade Association |
Type: | Acronym |
Guessability: | ![]() 4: Difficult to guess |
Typical Users: | ![]() Adults |
Example of EFTA Used in a Text
EFTA
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BREXIT (British exit from the EU)
EEC (European Economic Community)
ESA (European Space Agency)
GREXIT (withdrawal of Greece from the EU or eurozone)
IDENTITARIAN MOVEMENT (European far-right anti-immigrant group)
MEP (member of the European parliament)
REMOANER (anyone not expressly in favor of Britain's exit from the European union)
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