LOL
A 'trading bloc' with a charter larded full of references to 'federation' and with a funny thing called a PARLIAMENT, which the UK would be sending members to, where they would sit in a chamber full of other EEC members of parliament, seated left-to-right by political inclination rather than by national origin.
But it's not like the British could be expected to understand the implications of a Parliament, funny french-sounding word that it is.