International Economic Policy-Making of the EU and the US
Foreign economic policy-making varies between regions given the size of their economy and the nature of their foreign policy mechanism in the international arena. Policies would take into consideration political interests and economic competence in the globe, while it can easily blend with domestic policy. In the case of the European Union, the Union represents its member countries in creating foreign policies that would not just cover their international policies but also their domestic policies: may it be for political or economic reasons. Unlike the United States, which only has to represent one state in the international market, the ...