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Economic Issues in 4 Regions of the World

nd common foreign policy were mixed, most thought that a common foreign policy could only exist if there were some common objectives and that now was a time for seeking those objectives.

While Britain and Germany believe that a trade agreement with the United States must be reached to stave off global recession, France has refused to approve further concessions to Washington in ongoing negotiations, arguing that Europe must protect its own interests by standing up to the United States--which has now become "big brother."

This refusal was one more event in a continuing trade war between the United States and Europe. The United States, for its part, had recently announced that it will impose tariffs on white wine and other imports from France, Germany, and Italy starting in December, 1992.

Now that a new administration will be

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Economic Issues in 4 Regions of the World. (1969, December 31). In LotsofEssays.com. Retrieved 03:59, May 06, 2024, from https://www.lotsofessays.com/viewpaper/1700320.html