Business, Management and Accounting
4 years ago

EU and US on Brink of Creating Transatlantic Free Trade Area

Acta Oeconomica Pragensia
The Theory of the Free Trade Area As a Possible Form of Future Cooperation of the European Union with The US [Teorie pásma volného obchodu jako možné formy budoucí spolupráce Evropské unie s USA]
Jana Kovářová

Paper Summary

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The European Union and the United States are considering creating a free trade area to boost trade between them. This idea has been around since the 1990s but has not been put into action yet. Now, there is renewed interest in this concept. The goal of this paper is to explain how a free trade area works using the EU and the US as examples.