EU-US Trade Disputes

Cristina Veronica Andreescu () and Mirela Radu ()
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Mirela Radu: "Dimitrie Cantemir" Christian University

Knowledge Horizons - Economics, 2013, vol. 5, issue 4, 93-100

Abstract: This paper presents the main transatlantic trade disputes, explaining the ways in which they were solved with the help of the WTO. The role of policy and legislative mechanisms that enable the operation of transatlantic trade were reviewed. The economic exchanges have sometimes generated disputes such as the banana dispute, the meat hormone dispute, the export of soybeans, and others of a lesser impact. Disputes between the two great powers must be seen, ultimately, as a natural consequence of the fact that both the EU and the U.S. are partners, but more than that, they cannot dissociate themselves from their regulatory systems which reflect their own economic choices. Thus, the two giants have become competitors, whose disputes leave their mark on global trade and investment.

Keywords: Trade; dispute; WTO; partners; competitors (search for similar items in EconPapers)
JEL-codes: J51 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:khe:journl:v:5:y:2013:i:4:p:93-100

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