Word: looser
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Dates: during 1960-1969
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...unified tariff wall against outside nations, the Common Market Six would throw a spanner into intra-European trade. What they really meant was that Britain's exports to the Six would be hurt. Even when they formalized the economic division of Western Europe by organizing the rival but looser seven-nation European Free Trade Association, Britain's leaders insisted that all they were trying to do was "build a bridge" between the Common Market and the rest of Europe...