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is not merely as the web-site of ‘’Europa: Gateway to the European Union: External Trade’’ announces as such: ‘’to help developing countries, the EU is ready to open its market to their exports even if they cannot reciprocate’’ but instead is, to reap the benefit of its asymmetrical global trade might and ‘’become a superpower on the European continent that stands equal to the US’’ (Kupchan quotes Prodi in Jürgen et al. 2008:135).

Conclusion

The paper’s main points can be summarized as follows:

Rational historical choice of delegating trade policy-making to the EU level obstruct an easy reversal of the initial and relative gains of this path increase over time (Pierson 2000:252), and thus by delegating the trade policy making to the EU level and trade policy negotiations to the Commission, the MS have consciously chosen to constrain the range of possible policy options available to them and effectively locked-in a liberal trade policy. Because EU MS have ‘’calculated the utility’’ (Schimmelfennig in Wiener&Diez 2004:77) of the indicated trade policy actions and chosen them to maximize their utilities, empowering the Commission. Hence the internal market freedoms and institutional design are the roots for the EU’s global free trade choice

The Union specialized in the manufacturing sector with abundant factors of production: capital and high-skilled labor; being the largest importer and exporter of goods and services, multilateral trade liberalization gives huge benefits to the EU and thus it there is a case of what Hecksher-Ohlin argues: ‘’constant returns to scale’’ are highest. Internal market size & the share in world trade are EU’s key sources of global trade power, which are deliberately used by the EU to secure asymmetrical market access concessions from others

Supported by these internal and external means of might, the EU active engagement in global trade targets becoming a global superpower over time through power in & through trade.
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