Article(print)1996

TRANSATLANTIC FREE TRADE

In: The Washington quarterly, Volume 19, Issue 2, p. 122-128

DE CECCO, M

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Abstract

IF ONE LOOKS AT THE EURO-AMERICAN BALANCE OF TRADE ONE FINDS A REMARKABLE LONG-TERM EQUILIBRIUM THAT PERSISTS AT A VERY HIGH LEVEL OF TRADE. ON THE BALANCE, TAFTA SEEMS TO ALREADY EXIST AS FAR AS EASY INTEGRATION IS CONCERNED AND TO BE AS FAR ADVANCED AS THE EU IN THE SAME FIELDS OF INTEGRATION WHILE THE DIFFICULTIES TO OVERCOME SEEM ALSO TO BE VERY SIMILAR. THE AUTHOR WARNS THAT GREAT HARM TO EURO-AMERICAN RELATIONS CAN BE CAUSED BY USING THE SECRET SERVICES TO ADVANCE U.S. ECONOMIC INTERESTS, AND THAT A DIVIDED ATLANTIC AREA WOULD BE DANGEROUS.

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