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Transatlantic Trade and Investment Partnership between
the United States and the European Union as an instrument
of the international economic cooperation

Publication date: 05.01.2015

International Business and Global Economy, 2014, Volume 33, pp. 199-213

https://doi.org/10.4467/23539496IB.13.014.2399

Authors

,
Elżbieta Czarny
Kolegium Gospodarki Światowej, Szkoła Główna Handlowa w Warszawie, Al. Niepodległości 162, 02-554 Warszawa
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,
Jerzy Menkes
SGH Warsaw School of Economics
, Poland
https://orcid.org/0000-0002-7744-8167 Orcid
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Katarzyna Śledziewska
University of Warsaw, Krakowskie Przedmieście 30, 00-927 Warszawa, Poland
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Titles

Umowa o Partnerstwie Handlowo-Inwestycyjnym między Stanami Zjednoczonymi i Unią Europejską jako narzędzie międzynarodowej współpracy gospodarczej

Abstract

In the paper we analyze the Trade and Investment Partnership between the United States and the European Union indicating its specific character. It comes with the parties’ particular characteristics (i.a. one party to a contract, the EU, is a collective entity).Weexamine both parties to the agreement and their position in the international trade in goods and services. The point of reference is global economy and BRIC countries (Brazil, Russia, India, and China). We also examine the EU and the USA trade relations. The examination covers the years 1995–2012.Weprove that the unification allows both the EU and the USA to take advantage of their significant role in the world trade to increase their impact on the global economic order. EU-US free trade and the agreement conclusion shall allow to intensify trade in services, and FDI flow shall allow to increase the advantage over BRIC countries (primarily China) and to make their economies independent from the instability of the emerging markets.

References


Information

Information: International Business and Global Economy, 2014, Volume 33, pp. 199-213

Article type: Original article

Titles:

Polish:

Umowa o Partnerstwie Handlowo-Inwestycyjnym między Stanami Zjednoczonymi i Unią Europejską jako narzędzie międzynarodowej współpracy gospodarczej

English:

Transatlantic Trade and Investment Partnership between
the United States and the European Union as an instrument
of the international economic cooperation

Authors

Kolegium Gospodarki Światowej, Szkoła Główna Handlowa w Warszawie, Al. Niepodległości 162, 02-554 Warszawa

https://orcid.org/0000-0002-7744-8167

Jerzy Menkes
SGH Warsaw School of Economics
, Poland
https://orcid.org/0000-0002-7744-8167 Orcid
All publications →

SGH Warsaw School of Economics
Poland

University of Warsaw, Krakowskie Przedmieście 30, 00-927 Warszawa, Poland

Published at: 05.01.2015

Article status: Open

Licence: None

Percentage share of authors:

Elżbieta Czarny (Author) - 33%
Jerzy Menkes (Author) - 33%
Katarzyna Śledziewska (Author) - 34%

Article corrections:

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Publication languages:

English

Transatlantic Trade and Investment Partnership between
the United States and the European Union as an instrument
of the international economic cooperation

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