Few countries are as dependent on foreign trade as the Federal Republic of Germany. Its close ramifications with the world economy are reflected by an economic policy concept geared to the liberal trade system. The chances for a consistent continuation of this policy have, it must be said,...

This article discusses the frustrations both sides of the Atlantic regarding security, commercial and monetary policies. It suggests, however, that with the European Community, Japan and the USA all in difficulties together they might now possess the political will to arrest through negotiations...