This strong economic relationship is bolstered by the

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Unformatted text preview: eature of the global economy, the EU-U.S. economic relationship accounts for more than 30 percent of global trade in goods and 40 percent in services. The two economies each provide the other with its most important source of foreign direct investment and close to a quarter of all EU-U.S. trade consists of transactions half in the U.S. and half in the EU within firms based on their investments on either side of the Atlantic. In fact, U.S. investment in Europe ($2 trillion) was nearly four times more than in all of Asia at the end of 2009. The overall transatlantic workforce is estimated at 15 million workers —about—who owe their jobs directly or indirectly to companies from the other side of the Atlantic. Internal: Business Firms in EU Want US HSR US High Speed Rail creates strategic partnership with Europe – economic firm boost Galbraith, Experienced journalist, 2010 (Kate, The International Herald, September 6, 2010) FAS pg 1 {European and Asian companies - which have experience with high-speed trains - stand to benefit from an American rail...
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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.

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