ABSTRACT
This chapter focuses on the role of United States-European Union (EU) trade in manufactured goods, and the potential impacts of the EU's European Community-92 program on this trade, from the perspectives of the individual US states. It explores the external dimensions of regional economies. The chapter seeks to support the case for extending regional analysis and policy to encompass the international dimension. The particular contribution of trade with the EU adds a further dimension to this analysis as it reveals the state-by-state patterns of trade orientations. The extended international shift-share model is a relatively simple but revealing device for examining trade patterns. The disaggregation of the regional shift component in particular, represents an innovative extension of the simpler version of the model. The chapter also presents some closing thoughts on the key concepts discussed in the preceding chapters of this book.
