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The EU remains the most powerful European trading bloc, accounting for four-fifths of all European trade. If the anticipated expansion of the EU goes ahead, it will become a pan-European trading bloc of 19 countries. This book is an analysis of recent and future developments of European trade. Topics covered include: patterns of European trade; the single market; the European Union and its trade policies; EU trade links with EFTA countries and the transition economies of central and eastern Europe; trade issues in Europe's relations with Japan and the US; Europe, the Third World and the NIC's; GATT and the Uruguay round; and protectionism versus liberalization.