The Beginning of the Passion for Trade
The United States and France have always made themselves comfortable with each other around. Both government officials from each country conduct regular visits in both ways. They have to do this to affirm the foreign trade they have established. It was a means by which they think all things could be done with positivity ending up in a favorable outcome. Theirs started with the mutual understanding to combat terrorism which has significantly threatened most countries in the world. Their passion to serve their own people and their desire to support each other even grew because of this bond between them. They wanted to make sure that all else function and if attacks could be predicted, they have promised to stand together to become victorious in their battle. Their global trade is founded on strong grounds. They have established a good relationship on business and economic standings by producing at least an average of $1 billion commercial activities and monetary transactions in just a day's count. Their trading relationships are good enough that United States ranked France as its 8th partner in the international business arena. It is estimated that France put up more than 2,300 business establishments in the United States which increased the employment opportunity to almost 490,000 jobs. On the part of France, it considers the United States as its number one foreign investor. This gave the French a chance to work for US through almost 620,000 job openings in the nation. The United States ranks number six among France's supplier and consumer as well. Export and Import Relationships between US and France Aside from leading the war against terrorism, the United States and France have strengthened their battle ground for world trade. Apparently, there is a continuous flow of prime commodities on both sides as they have belonged to each other's top traders. The US Census in its recent statistics for July 2008, showed a monthly flow of exports to France at $2.36 billion while its imports from France showed a $4.08 billion total. The seven-month total for the exports drew a result indicating the exports to be $17.40 billion and the imports to be $26.13 billion. As of the year total for 2006, the most traded goods between the two economies posted a very significant increase in their international business. They have consistently showed how transparent their business trades are by pinpointing which among their items grew largely in terms of sales as well. Statistical data for 2006 is provided below:
The foreign investment for US and France were highly regarded in both areas. In order for a greater relationship to be built, they mainly relied upon their verbal agreements. There was really no known famous agreement between the two countries but nonetheless they adapted to some rules which have governed world trade. To be able to capture the best things yet, they went to as far as giving importance to the following things:
Being powerful countries, the United States and France were supposed to be competing with each other. However, they never showed others that there are relatively known differences between the two. The conflicts may be drawn from some aspects which included the following points:
Despite the disparities presented here, the United States and France continued to be allies in the international market. Should they have been affected by the so-called "word wars," there must have been no more opportunities for markets to walk in and out of each borders. The dilemma is a no-show when it comes to building a more fruitful business relationship between the two. It can be foreseen that in the future, more opportunities will flow for the population of the two countries. They will both continue strengthening each workforce by providing job openings for the people who set in and out of their premises. There are no obstacles to a well-established relationship that could be tracked from more than a hundred years back. The biotech issues, the war against terrorism and the exclusive European trade are just but spices of their very colorful lives together. It happens in any abundant relationship. It is a fact that any highly-favored camaraderie could be put to any test of time. It is up for the forces and the influences to die down and it is more important to win the battle together rather than stand alone in the midst of the crowd. References
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