"U.S. companies rely on the European market for more than half of their global foreign profits"
- John Bruton
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This quote by John Bruton highlights the importance of the European market to U.S. business. It recommends that U.S. business rely greatly on the European market for their international foreign profits, with over half of their earnings coming from Europe. This indicates that the European market is a significant source of earnings for U.S. business, which they are greatly invested in the European economy. It likewise suggests that U.S. business have a strong existence in Europe, and that they are most likely to continue to rely on the European market for their global foreign revenues in the future. This quote highlights the importance of the European market to U.S. business, and the need for them to preserve a strong presence in Europe in order to remain competitive.
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