They line up they compete are they competing to get

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Unformatted text preview: deficit can be attributed to petroleum imports.12 In 2009, Americans wasted 4.8 billion hours sitting in traffic, at a cost of $115 billion and 3.9 billion wasted gallons of fuel13—more than one-sixth the amount of oil imported annually from the Persian Gulf.14 Thus, our heavy reliance on cars— and the oil they run on—has grave implications for our national security. ) Impact Module: EU-US Relations Free Trade and Investment Key to US-EU relations European Commision, July 4 2012 (European Commision, United States, July 4, 2012, http://ec.europa.eu/trade/creating-opportunities/bilateral-relations/countries/united-states/ , July 4, 2012; FAS) (The EU and the US enjoy the most integrated economic relationship in the world, illustrated by unrivalled levels of mutual investment stocks, reaching over €2.1 trillion. Total US investment in the EU is three times higher than in all of Asia and EU investment in the US is around eight times the amount of EU investment in India and China together. Investments are thus the...
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This note was uploaded on 11/30/2013 for the course PHILOSOPHY 303m taught by Professor Tye during the Fall '12 term at University of Texas at Austin.

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