ABSTRACT
This chapter presents the search for ways of settling the United States and the European Community (U.S.-E.C.) agricultural dispute by analyzing various disputes that have arisen over the last 35 years between the United States and the European Community. It illustrates how the gradual shift in the power relationship between the two blocs, specifically, the decline of the United States as a hegemonic state and the concomitant rise in the power of the European Community, has led to an increasing number of disputes that have been difficult to resolve. The chapter explains how differences in economic philosophies also account for some of the disputes between the two trading partners. It illustrates how such differences in economic philosophies have played a role in various US-E.C. disagreements. The book shows that both relative size and differences in economic philosophies affect the ability of trading nations to resolve their disputes.
