Trading partners
13 September 2012
The European Union's recent expansion has created a huge trading bloc on the continent, but what hope is there for a transatlantic free trade area? asks Kenneth Wayt
The European Union and the US are the two largest single markets in the world and are each other's largest trading and investment partners. Most major transnational companies, the majority of which are American or European, have substantial interests in both markets. As a result, both partners have tremendous incentives to continue the pursuit of free trade and the...