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It Is Time for Transatlantic Free Trade

S.E. Eizenstat & D.S. Hamilton, EUBC & JHU | December 19, 2012

Europe buys three times more US products than China. ++ Though US orientation towards Asia is legitimate, the importance of transatlantic relations must not be neglected. ++ A Transatlantic Free Trade Agreement can significantly foster bilateral economic growth. ++ Liberalizing trade and eliminating tariffs can lead to 7 million new jobs in both the US and Europe. ++ An agreement would also serve as a paradigm of free trade and liberalization. ++ US-EU standards quickly would become the model for global standards.



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