ABSTRACT
This chapter presents a general analytical reflection on the future of US- Economic Community (EC) relations, than a study based on empirical evidence. It discusses the main difficulties of negotiating a "US-EC Economic Area." The negotiation could deal with the following issues: capital movements, economic and monetary cooperation, financial services, information services, audiovisual services, telecommunication services, and transport. According to the principle of free circulation of capital, EC capital could be freely invested in American land and real estate, and reciprocally. On banking, the negotiation might be easier than in the past, as the US seems to be on its way to abolishing the McFadden and the Glass-Steagall Acts. The free circulation of persons means that any EC citizen could settle, get a job, and buy a house in any part of the US and reciprocally. A common body for US parliamentarians and representatives of the European Parliament should also be foreseen.
