EU-U.S. Economic Ties: Framework, Scope, and Magnitude [April 2, 2013]   [open pdf - 264KB]

"The bilateral economic relationship between the United States and the European Union (EU) is the largest such relationship in the world--and it is growing. It is a relationship forged over several centuries, since the European colonization of North America. The modern U.S.-European economic relationship has evolved since World War II. It has broadened as the six-member European Community expanded into the present 27-member European Union. The ties have also become more complex, covering a growing number and type of trade and financial activities that intertwine the economies on both sides of the Atlantic into an increasingly interdependent relationship. For Members of Congress and other policymakers, the EU remains a significant participant in the U.S. economy and a major factor in policy considerations. […] This report provides background information and analysis of the U.S.-EU economic relationship for Members of the 113th Congress as they contemplate the costs and benefits of closer U.S. economic ties with the EU. It examines the economic and political framework of the relationship and the scope and magnitude of the ties based on data from various sources. In addition, the report analyzes the implications these factors have for U.S. economic policy toward the EU. The report will be revised as events warrant."

Report Number:
CRS Report for Congress, RL30608
Public Domain
Retrieved From:
Via E-mail
Media Type:
Help with citations