5 top posts

Blog Title: UK questions EU (Click Here)

Description: Here I briefly summarize an article on BBC news, and gave my own view on why the EU was questioned. I went over why this NGO is having a hard time trying to unite Europe and help the “European Citizen.” I also responded back to the many comments left by other bloggers. (click here)

Blong Title: The EU anti-turst policies on Apple (Click Here)

Description: Here I briefly summarize an article on USA today, and gave my view on the EU protectionist policies in trying to protect its local business. This goes into internation trading which has to deal with politics as well. I also responded back to the comments I recieved. (Click here)

Blog Title: The French Do (Click Here)

Description: Here I briefly summarize what French President Jacques Chirac said about weapons in Iran. I also went into the issue of Nuclear proliferation and gave my insight on that issue. I recieved a comment by another blogger on why Nuclear Proliferation was good and to respond I posted another blog on why it was bad. (Click Here)

Blog Title: Globalize US EU! (Click Here)

Description: Here I briefly summarize an article on BBC news on an agreement made by the US and EU. I gave both the benefits and costs of this agreement. After it was released on the class blog, I also responded to a comment that was made on the blog. (Click Here)

Blog Title: United Through Resource Depletion (Click Here)

Description: Here I gave my analysis of how the EU and Russia were globalized by the “oil crisis” and how a oil exporter nation is able to have significant influence over importing nations. I also provided my insight from differing views, both the realist and liberal view.

Globolize US EU!

With the world becoming more a more interdependent, the EU and US have agreed upon signing agreements that would connect the two economies. (Click Here to view article) The agreement was sign to boost air traffic as well as lower air fares. There has been agreements on creating a economic council to over see this agreement which also includes intellectual property, financial services, business takeovers, and the motor industry. The overall aim of this agreement is of course to increase trade but lower the cost of doing so. Another aim is to come to agreements on the changing climate do to human activity. Though the US rejects the EU’s proposition on imposing national emission limits which could cause negative effects on the international economy, the EU does have high hopes that with his agreement there will be a step closer towards emission regulation.  This Open Skies agreement will open up US airports to all EU carriers and vice-versa. It will take effect on March 30, 2008. Another agreement, the Open Aviation, has been proposed which would guarantee the movement of investments between EU and US airlines, in which it will allow services without any restrictions.

From a liberal’s point of view this couldn’t have been better! Free trade and cooperation in tackling the climate changing problem shows how the world will unite and every benefiting from absolute gains.  By having this agreement, the two economies are connected to one another even greater and promotes higher economic growth as the market for airlines will be able to have transaction was greater ease. But there can be some problem with this as we can see that if two economies are connected when one falls the other also falls. Because the EU and US are connected, it opens to the EU the ability to exploit the airline business and infringe upon local businesses in the US.  Although the Open Aviation agreement hasn’t been passed, since foreign businesses have can greatly affect those domestic business, by giving the EU the ability, domestic airlines will be forced to compete internationally. Though globalization is good, if we look at it from a realist point of view things can go wrong.