In the nineteenth century, the United Kingdom was the most powerful trading nation in the world. The United States took its global place in the twentieth century. If the twenty-first century is actually the Pacific century, with China as the dominant new trading nation, the combination of the world`s largest economies and the fifth largest (the United States and the United States. the UK) create a sufficient geo-economic led in the form of a free trade agreement (FTA) between the US and Britain to compensate for china`s rise? Would these two digital commerce innovators, with a common culture and language, be able to „win“ the future of technological innovation and shape the digital economy? Can they imbue the democratic norms of the digital future? However, if your home country and the recipient country have a trade agreement, the end users of your product can buy your product because they can buy it cheaply from you than from another country (outside of a trade agreement). There are pros and cons of trade agreements. By removing tariffs, they reduce import prices and benefit consumers. However, some domestic industries are suffering. They cannot compete with countries that have a lower standard of living. As a result, they may leave the store and their employees suffer. Trade agreements often impose a compromise between businesses and consumers. Guided by these strategic objectives, the United States should focus its short-term efforts on removing barriers to trade and investment that impede access to foreign markets for the most promising U.S. industries. Generally speaking, these are usually high-quality products and agricultural products as well as infrastructure equipment and services.

Since 1974, when fast-track legislation was first introduced, U.S. trade agreements have opened foreign markets for U.S. goods and services around the world. This has significantly increased U.S. exports; They increased by 670% between 1974 and 1997. Trade with these more accessible markets has had an impact on the level of growth and prosperity in the United States. This would not have been the case without the acceleration of bargaining power. .