The World Trade Organization: The Debate in the United States Metadata

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Title

  • Main Title The World Trade Organization: The Debate in the United States

Creator

  • Author: Sek, Lenore
    Creator Type: Personal
    Creator Info: Foreign Affairs, Defense, and Trade Division
  • Author: Pregelj, Vladimir N.
    Creator Type: Personal
    Creator Info: Foreign Affairs, Defense, and Trade Division
  • Author: Wilson, Arlene
    Creator Type: Personal
    Creator Info: Foreign Affairs, Defense, and Trade Division

Publisher

  • Name: Library of Congress. Congressional Research Service.
    Place of Publication: Washington D.C.

Date

  • Creation: 2000-04-12

Language

  • English

Description

  • Content Description: The World Trade Organization (WTO) went into effect in 1995, replacing the General Agreement on Tariffs and Trade (GATT) which had been in existence since 1948. Under the WTO, the governments of the 136 member countries agree on a set of rules and principles for trade, negotiate periodically to reduce trade barriers, and participate in the dispute settlement procedure. Economists believe that, over the past 50 years, the more predictable environment for trade as well as the reduction in trade barriers has contributed to unprecedented economic prosperity for the majority of countries. On the other hand, trade liberalization under the WTO has resulted in economic costs to those whose jobs have been adversely affected, although they are relatively few compared to total employment in the United States.

Subject

  • Legislative Indexing Vocabulary: International affairs
  • Legislative Indexing Vocabulary: Foreign trade - U.S.
  • Legislative Indexing Vocabulary: International agencies
  • Legislative Indexing Vocabulary: Trade

Collection

  • Name: Congressional Research Service Reports
    Code: CRSR

Institution

  • Name: UNT Libraries Government Documents Department
    Code: UNTGD

Resource Type

  • Report

Format

  • Text

Identifier

  • CRS Report Number: RL30521
  • Accession or Local Control No: RL30521 2000-04-12
  • Archival Resource Key: ark:/67531/metacrs1257
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