EU-U.S. Economic Ties: Framework, Scope, and Magnitude

The United States and the European Union (EU) economic relationship is the largest in the world — and it is growing. The modern U.S.-European economic relationship has evolved since World War II, broadening as the six-member
European Community expanded into the present 27-member European Union. The ties have also become more complex and interdependent, covering a growing number and type of trade and financial activities.

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