Economic Relations Between the United States of America
and the European Union in the 2006–2016 Period Cover Image

Powiązania gospodarcze między Stanami Zjednoczonymi Ameryki i Unią Europejską w latach 2006–2016
Economic Relations Between the United States of America and the European Union in the 2006–2016 Period

Author(s): Tadeusz Sporek
Subject(s): Supranational / Global Economy, Economic policy, International relations/trade, EU-Accession / EU-DEvelopment, Geopolitics
Published by: Centrum Europejskie Uniwersytetu Warszawskiego
Keywords: United States; Trade; Foreign Direct Investment;European Union;

Summary/Abstract: European Union is one of the United States of America’s most important economic partners. The article aims to analyze the causes, value and directions of the trade policy as well as direct foreign investments of the USA. The USA had several reasons to invest abroad that changed overtime. These included: the strong appreciation of the high rate of growth of real wages, the Chinese trade surplus, which put pressure on foreign partners to reduce exports and undertake the production in their countries, the abundance of capital in the domestic market, the low level of realinterest rates and finally the search for less expensive direct investment in the USA. The value of trade between these entities began to grow rapidly in 2007, and the trend continues today. The peak occurred in 2015, when the annual value of the stream exceeded 300 billion dollars.

  • Issue Year: 22/2018
  • Issue No: 3 (87)
  • Page Range: 153-184
  • Page Count: 32
  • Language: English, Polish