Abstract
Beauguitte and Richard posit, on the one hand, that the UK’s European membership has affected its trade with the USA. On the other hand, they assert that the rise of emerging economic powers in Asia has had a significant impact on the USA’s trade with the UK. Using different models, they prove their postulate and demonstrate that the intensity of the UK–US trade in goods has been declining for the past 30 years. Furthermore, although trade in goods between the two countries is substantial, it is by no means neither unique nor exceptional.
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Beauguitte, L., Richard, Y. (2017). The USA and the UK (1970–2010): Ordinary Trading Partners?. In: Groutel, A., Pauwels, MC., Peyronel, V. (eds) Revisiting the UK and Ireland’s Transatlantic Economic Relationship with the United States in the 21st Century. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-137-58550-9_8
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DOI: https://doi.org/10.1057/978-1-137-58550-9_8
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