Sample Essay on:
The Effect of the Euro on Transatlantic Relations

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Essay / Research Paper Abstract

This 5 page paper evaluates the Euro's influence on security issues and foreign policy matters. Relations between the the two continents are discussed. Hobbes and Machiavelli are mentioned. Bibliography lists 5 sources.

Page Count:

5 pages (~225 words per page)

File: RT13_SA516ero.rtf

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Unformatted sample text from the term paper:

in terms of transatlantic relations are gradually shifting, particularly as it respects the United States. For one, the new currency reduces Europes dependency on the dollar. The EU is afforded autonomy through the introduction of the Euro, but Europe is still dependent upon the U.S. military and the U.S. needs Europe for support. Clearly, there is an intimate relationship between the European Union and the United States. There is a particularly strong relationship between Britain and the U.S. because of terrorism and the worlds fight against it. The Euro impacts present Transatlantic regions as well as security. The Euro has to some extent altered the global economic balance. In other words, prior to the advent of the Euro, there was a particular situation in terms of economic prowess. The U.S. has for quite awhile--at least since the demise of the Soviet Bloc--been the leading world power. Now, Europe is reuniting and at least trying to become a significant economic power. The Euro to an extent cements that trend. Once the U.S. was the most significant player. Now, this new united Europe has a chance to regain its dominance. Europe is at least psychologically in a better position than it was before. With the new currency, there is fear that the EU will focus on trade over security issues. In the past, Europe has had a lot of problems and World War I and II are both indictors of this. Certainly, Europe should be worried about security, even in a post-Cold War era. The introduction of the Euro would change the way the world is viewed. Currently, the European countries are tied together. This is seen to be a good thing by most. Summers (1999) remarks: "The United States has an enormous stake in Europe emerging under EMU with ...

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