And in terms of international transactions, the total that have the EU and North America on one or the other side must be substantially more than half.
Seems like if the US, Eurozone, City of ... uh, UK, and Japan got together, on a common envelope, that would be a strong kernel for a regulatory framework. I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
If North America and the broader EU ...... (as opposed to the Eurozone) is taken together, isn't that around half of world GDP on current exchange rates?
Appears to be: World GDP (official exchange rate): GWP (gross world product): $54.62 trillion (2007 est.)
EU GDP (official exchange rate): $16.62 trillion (2007 est.)
US GDP (official exchange rate): $13.84 trillion (2007 est.)
All from CIA - The World Factbook. A vote for PES is a vote for EPP! A vote for EPP is a vote for PES! Support the coalition, vote EPP-PES in 2009!