The Impact of Transatlantic Trade and Investment Partnership (Ttip) On the usa and European Union Strategic Cooperation

Cite this:
PuÅ›lecki, Z. W. (2017). The Impact of Transatlantic Trade and Investment Partnership (Ttip) On the usa and European Union Strategic Cooperation. Journal of Business Management and Economics, 5(6), 01–13. https://doi.org/10.15520/jbme.2017.vol5.iss6.258.pp01-13
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Abstract

The main aim of the paper is presentation of the impact of TTIP on the USA and European Union
strategic cooperation. It has been emphasized that the talks will make reducing regulatory barriers. New agreements
to remove trade barriers aim at reducing dead-weight costs and at increasing net social gains from
international trade. The paper examined in particular, investor-state dispute resolution mechanisms in reducing
the power of national governments to regulate and elimination of market inequality. The article offers examples
of successful regulatory cooperation efforts in the hope that it will shed light on possible approaches to addressing
regulatory divergences. Ideally, the best way to address problems arising from regulatory divergence would be on
a multilateral basis. The particulary objective of the research task are the regulatory trade barriers in USA - EU
foreign trade policy, the nature an d th e promoters of the TTIP, interrelationship between regulatory standards and
international cooperation in the TTIP. The general theoretical approach will be of broad interest to economists
interested in international questions especially transatlantic cooperation as well as to political scientists. It was
used the institutional method, comparative method, the documentation method and statistical methods.
Additionally, it used also, the methods of deductive and inductive forecasting.

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