The United States and France have worked together for many years in developing a comfortable working relationship. They share common values, political, economic and security issues. The government officials visit each other regularly because they must affirm the foreign trade they have established. Their agreement started with them coming to an understanding to combat terrorism which has affected many countries. Due to their support and desire to serve their own people bonded them even more. If attacks did happen they would support each other in battle. France is a member of the European Union and is the United States’ third largest trading partner in Europe. (U.S. Relations with France, 2016) Together …show more content…
(Griffin & Pustay, 2014) There approach is to cooperate and not compete like France and the United States have established. What is interesting about this agreement is that there taking a bold regional economic integration effort which most of the members have replaced or are planning to replace their national currencies with a single currency. (Griffin & Pustay, 2014) Although France has engaged in long-running disputes with other European powers (and, from time to time, with the United States, its longtime ally), it emerged as a leading member in the European Union (EU) and its predecessors. (France, 2016) Most of France’s foreign trade is based on the exchange of goods. The greater part of foreign trade is carried out with other developed countries, and some four-fifths of transactions take place with Organization for Economic Co-operation and Development (OECD) countries. The European Union has a great impact on the growing exchange of goods and services between the member countries. Outside the European Union the United States is France’s major trading partner. (France, 2016) France’s industrial goods are exported to more global …show more content…
They share things such as values, political, economic and security issues. The World Trade Organization is the framework in the world trade system. The European Union plays a big part when it comes to the United States and France in working together. It amazes me in how trade agreements are setup and barriers can affect how trade is conducted. In conducting trade and investments helps many different areas such as agriculture, education, health, and tourism develop around them. This allows countries to say they are open for