Abstract
Roy, J., & Lecea, A. D. (2014). The TTIP: The Transatlantic Trade and Investment Partnership between the European Union and the United States. Miami: Jean Monnet Chair, University of Miami.
Highlights
First of all I think I should apologize, since any article written prestigious Law Journals like this one, are usually subjects of rabid news, treated extensively in different media such as economy newspapers, radio, television, etc. or other mass media
North Atlantic axis will be consolidated in the international economy - which began to be felt for two decades and accelerated with the Great Recession - in favor of emerging countries, especially those in Asia. In light of this scenario, to which it should be added that the transatlantic economies are heavily indebted and afflicted by lean economic growth, the United States and the countries of the European Union have begun negotiations to form a Transatlantic Association for Trade and Investment (TTIP), which would constitute the largest and deepest free trade area in the world, with a coverage of almost 50% of world GDP, 30% of global merchandise trade, 40% of of services and 20% of foreign direct investment (FDI) flows
The TTIP originated from the search of the United States and the European Union to maintain, and even expand, its power in the international economic system, especially in light of the changes that result from the rise of new emerging powers, such as China and India, to name a few
Summary
North Atlantic axis will be consolidated in the international economy - which began to be felt for two decades and accelerated with the Great Recession - in favor of emerging countries, especially those in Asia In light of this scenario, to which it should be added that the transatlantic economies are heavily indebted and afflicted by lean economic growth, the United States and the countries of the European Union have begun negotiations to form a Transatlantic Association for Trade and Investment (TTIP), which would constitute the largest and deepest free trade area in the world, with a coverage of almost 50% of world GDP, 30% of global merchandise trade, 40% of of services and 20% of foreign direct investment (FDI) flows. Agreements that seek to eliminate bureaucratic and tariff barriers, and to create free trade zones in an increasingly globalized and regionalized world
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