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 Decade: 2000-2009
 Year: 2008
 Collection: Congressional Research Service Reports
China's Currency: Economic Issues and Options for U.S. Trade Policy

China's Currency: Economic Issues and Options for U.S. Trade Policy

Date: May 22, 2008
Creator: Morrison, Wayne M.
Description: This report starts out by describing China's policy of pegging its currency to the U.S. dollar at an exchange rate of roughly 8.28 yuan to the dollar. As a result, the exchange rate between the yuan and the dollar basically stayed the same. The report discusses most significant events concerning China's currency policy and its impact on U.S. trade deficit.
Contributing Partner: UNT Libraries Government Documents Department
Brazil's WTO Case Against the U.S. Cotton Program: A Brief Overview

Brazil's WTO Case Against the U.S. Cotton Program: A Brief Overview

Date: June 17, 2008
Creator: Schnepf, Randy
Description: This report provides a brief overview of Brazil's case against the U.S. cotton program, the evolution and current status of the case, and the potential role for Congress.
Contributing Partner: UNT Libraries Government Documents Department
WTO Decisions and Their Effect in U.S. Law

WTO Decisions and Their Effect in U.S. Law

Date: July 28, 2008
Creator: Grimmett, Jeanne J.
Description: Congress has comprehensively dealt with the legal effect of World Trade Organization (WTO) agreements and dispute settlement results in the United States in the Uruguay Round Agreements Act (URAA), P.L. 103-465, which provides that domestic law prevails over conflicting provisions of WTO agreements and prohibits private remedies based on alleged violations of these agreements. This report analyzes the URAA in detail and outlines various WTO decisions and their effect on U.S. trade law and policy.
Contributing Partner: UNT Libraries Government Documents Department
U.S. Trade Deficit and the Impact of Rising Oil Prices

U.S. Trade Deficit and the Impact of Rising Oil Prices

Date: June 10, 2008
Creator: Jackson, James K.
Description: This report provides an estimate of the initial impact of the rising oil prices on the nation's merchandise trade deficit.
Contributing Partner: UNT Libraries Government Documents Department
Agriculture in U.S. Free Trade Agreements: Trade with Current and Prospective Partners, Impact, and Issues

Agriculture in U.S. Free Trade Agreements: Trade with Current and Prospective Partners, Impact, and Issues

Date: January 30, 2008
Creator: Jurenas, Remy
Description: This report discusses the trade in agricultural products, which is one of the difficult issues negotiators face in concluding free trade agreements (FTAs). The report also deals with food safety and animal/plant health matters.
Contributing Partner: UNT Libraries Government Documents Department
Legal Services in the World Trade Organization (WTO) and U.S. Effect

Legal Services in the World Trade Organization (WTO) and U.S. Effect

Date: September 12, 2008
Creator: Lee, Margaret Mikyung
Description: This report provides a broad overview of the treatment of legal services under the World Trade Organization (WTO) agreements and its potential effect on laws and rules governing the provision of legal services by foreign lawyers in the United States and legal ethics rules.
Contributing Partner: UNT Libraries Government Documents Department
China's Currency: A Summary of the Economic Issues

China's Currency: A Summary of the Economic Issues

Date: May 8, 2008
Creator: Morrison, Wayne M. & Labonte, Marc
Description: This report summarizes China's economic issues and its currency manipulation, intended to make its exports cheaper and imports into China more expensive than they would be under free market conditions.
Contributing Partner: UNT Libraries Government Documents Department
WTO Dispute Settlement: Status of U.S. Compliance in Pending Cases

WTO Dispute Settlement: Status of U.S. Compliance in Pending Cases

Date: January 7, 2008
Creator: Grimmett, Jeanne J.
Description: This report provides a summary of the status of U.S. compliance efforts in pending World Trade Organization (WTO) disputes that have resulted in adverse rulings against the United States. The report begins with an overview of WTO dispute settlement procedures, focusing on the compliance phase of the process, followed by a discussion of U.S. laws relating to WTO dispute proceedings. The report then lists pending WTO disputes in the compliance phase, with a brief discussion of major issues and the U.S. compliance history in each.
Contributing Partner: UNT Libraries Government Documents Department
A Free Trade Area of the Americas: Major Policy Issue and Status of Negotiations

A Free Trade Area of the Americas: Major Policy Issue and Status of Negotiations

Date: July 15, 2008
Creator: Hornbeck, J. F.
Description: In 1994, 34 Western Hemisphere nations met at the first Summit of the Americas, envisioning a plan to complete a Free Trade Area of the Americas (FTAA) by January 1, 2005. Faced with deadlocked negotiations, the United States and Brazil, the FTAA co-chairs, brokered a compromise at the November 2003 Miami trade ministerial. It moved the FTAA away from the comprehensive, single undertaking principle, toward a two-tier framework comprising a set of "common rights and obligations" for all countries. This report follows the FTAA process and will be updated periodically.
Contributing Partner: UNT Libraries Government Documents Department
The Future Role of U.S. Trade Policy: An Overview

The Future Role of U.S. Trade Policy: An Overview

Date: July 24, 2008
Creator: Morrison, Wayne M. & Cooper, William M.
Description: The United States has become increasingly integrated with the rest of the world economy. This integration has offered benefits and presented challenges to U.S. business, agriculture, labor, and consumers. Those who can compete in the more integrated economy have enjoyed opportunities to broaden their success, while those who are challenged by increased foreign competition have been forced to adjust and some have exited the market or relocated overseas. Some observers contend that, in order to remain globally competitive, the United States must continue to support trade liberalization policies, while assisting those hurt by trade. Others have raised doubts over whether free trade policies benefit the U.S. economy. This report provides an overview and background on the debate over the future course of U.S. trade policy.
Contributing Partner: UNT Libraries Government Documents Department
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