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The European Union – Alternatives For Defending Multilateral Trade Agreements

Author

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  • George-Cornel Dumitrescu

Abstract

Since the election of the American president, Donald Trump, international trade entered a period of uncertainty, in which the protectionist measures supported by the new American administration menace to change the nature of the trade agreements at world level. In the face of these new challenges, the European Union needs to have a proactive stance, not a reactive one, preparing,thus, the ground for new trade agreements to compensate for any losses related to a potential trade war imposed by the U.S. to the rest of its traditional trade partners.

Suggested Citation

  • George-Cornel Dumitrescu, 2018. "The European Union – Alternatives For Defending Multilateral Trade Agreements," Euroinfo, Institute for World Economy, Romanian Academy, vol. 2(3), pages 3-19, March.
    • Handle: RePEc:iem:eurinf:v:2:y:2018:i:3:p:3-19
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    File URL: http://www.iem.ro/rem/index.php/euroinfo/article/view/631/711
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    More about this item

    Keywords

    protectionism; TTIP; TPP; commercial agreements; multilateralism;
    All these keywords.

    JEL classification:

    • B17 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - International Trade and Finance
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions

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