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Taxes and Offshore Outsourcing
The impact of taxes on international trade and foreign investment has had a place in tax policy debates for decades, although its prominence has waxed and waned. The debate has tended to grow more heated during times of domestic economic weakness and high unemployment ; questions arise during such times over whether taxes contribute to such weakness by discouraging exports (or encouraging imports) or by encouraging U.S. firms to move abroad. In recent months, the debate over international taxation again became prominent as a part of the wider debate over “outsourcing.” With taxes, the debate asks how the current tax system likely affects outsourcing, and whether alternative tax policies designed to limit the phenomenon might be desirable. This report applies economic analysis to both questions.
Generalized System of Preferences: Agricultural Imports
The Generalized System of Preferences (GSP) provides duty-free tariff treatment for certain products from designated developing countries. Agricultural imports under GSP totaled $2.5 billion in 2012, nearly 13% of the value of all U.S. GSP imports. Leading agricultural imports include processed foods and food processing inputs, sugar and sugar confectionery, cocoa, processed and fresh fruits and vegetables, beverages and drinking waters, olive oil, processed meats, and miscellaneous food preparations and inputs for further processing. The majority of these imports are from Thailand, Brazil, India, Indonesia, and Turkey, which combined account for nearly two-thirds of total agricultural GSP imports.
Dispute Settlement in the U.S.-South Korea Free Trade Agreement (KORUS FTA)
No Description Available.
Agriculture in the U.S.-Dominican RepublicCentral American Free Trade Agreement (DR-CAFTA)
This report considers the Dominican Republic-Central American Free Trade Agreement (DR-CAFTA). Specifically, the report explores sugar imports, phasing out tariffs and quotas, and how the U.S. can protect the market from an overflow of imported products.
Dispute Settlement in the World Trade Organization: An Overview
This report provides an overview about the Dispute Settlement in the World Trade Organization .
The World Trade Organization: Background and Issues
This report discusses the information related to the World Trade Organization, its background and policy issues.
China’s Economic Conditions
This report gives an overview of China's economic development, China's trade patterns, foreign investments in China and implications for the United States
China-U.S. Relations: Current Issues and Implications for U.S. Policy
This report provides information about the Current Issues and Implications for U.S. Policy on China-U.S. Relations. China has been steadily signing trade agreements,oil and gas contracts.
European Union–U.S. Trade and Investment Relations: Key Issues
No Description Available.
Agriculture in the U.S.-Dominican RepublicCentral American Free Trade Agreement (DR-CAFTA)
This report considers the Dominican Republic-Central American Free Trade Agreement (DR-CAFTA). Specifically, the report explores sugar imports, phasing out tariffs and quotas, and how the U.S. can protect the market from an overflow of imported products.
China’s Economic Conditions
This report gives an overview of China's economic development, China's trade patterns, foreign investments in China and implications for the United States
Free Trade Agreements: Impact on U.S. Trade and Implications for U.S. Trade Policy
No Description Available.
Stealing Trade Secrets and Economic Espionage: An Overview of the Economic Espionage Act
This report discusses the theft of trade secrets, which is considered a federal crime when the information relates to a product in interstate or foreign commerce. Offenders face lengthy prison terms as well as heavy fines, and they must pay restitution.
The Impact of the Rise in the Price of Crude Oil on the World Economy: Prognosis and Policy Options
This report outlines the major effects of OPEC countries raising the effective oil prices from $3.45 a barrel to $9 a barrel in 1973. The main economic problems the author mentions are inflation, domestic demand, and acute balance-of-payments. In addition, this report outlines policy options for the United States and other industrial countries.
U.S. Natural Gas Exports and the Trans-Pacific Partnership (TPP) Agreement
On October 5, 2015, President Obama announced the conclusion of negotiations for the Trans-Pacific Partnership (TPP), a free trade agreement (FTA) among the United States and 11 other Asia-Pacific nations - Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. This report briefly discusses the agreement and its potential effects.
Conventional Arms Transfers to Developing Nations, 2004-2011
This report provides Congress with official, unclassified, background data from U.S. government sources on transfers of conventional arms to developing nations by major suppliers for the period 2004 through 2011. All agreement and delivery data in this report for the United States are government-to-government Foreign Military Sales (FMS) transactions. Similar data are provided on worldwide conventional arms transfers by all suppliers, but the principal focus is the level of arms transfers by major weapons suppliers to nations in the developing world.
Arms Sales: Congressional Review Process
This report reviews the process and procedures that currently apply to congressional consideration of foreign arms sales proposed by the President. This includes consideration of proposals to sell major defense equipment, defense articles and services, or the re-transfer to third party states of such military items.
The World Trade Organization (WTO) Seattle Ministerial Conference
On November 30th to December 3rd, 1999, the highest decision-making body of the World Trade Organization (WTO), called the Ministerial Conference, will meet in Seattle to make broad policy decisions. The key issue for the trade ministers attending the meeting will be to decide on the structure and topics for the agenda of a new round of multilateral trade negotiations. Countries have committed to discuss agriculture and services trade in the new round. Other items that have been proposed for inclusion in the new round or for earlier consideration include tariff reductions, concessions for developing countries, labor issues and the environment, and the WTO decision-making process. Major labor, environmental, and consumer interest groups are expected to be present in Seattle to argue for more consideration of workers' rights and the environment within the WTO. This report provides a summary background on preparations for the Ministerial and related issues of congressional interest.
A Reappraisal of Foreign Investment Policy
The rise of the multinational corporation and the increased flow of capital across national borders have raised anew the question of how to treat foreign direct investment, both inward and outward. The U.S. government and, increasingly, other governments advocate that, with some exceptions, economic policies should be neutral in the treatment of investment, foreign and domestic, inward and outward. This report discusses the changing view of foreign investment, both nationally and internationally.
Trade Capacity Building: Foreign Assistance for Trade and Development
This report describes trade capacity building and discusses the history of TCB in foreign assistance. It also provides an overview of U.S. bilateral TCB assistance, as well as multilateral and bilateral TCB assistance from other donors. There is also a discussion of legislation affecting TCB, including appropriations and legislative restrictions on foreign assistance. Finally, this report highlights some of the policy issues concerning TCB.
The Dodd-Frank Wall Street Reform and Consumer Protection Act: Titles III and VI, Regulation of Depository Institutions and Depository Institution Holding Companies
This report discusses Titles III and VI of the Dodd-Frank Act, which effectuate changes in the regulatory structure governing depository institutions and their holding companies and, thus, constitute a substantial component of the reform effort.
U.S. Arms Sales: Agreements with and Deliveries to Major Clients
This report provides background data on United States arms sales agreements with and deliveries to its major purchasers during calendar years 2001-2008, made through the U.S. Foreign Military Sales (FMS) program.
Conflict Minerals and Resource Extraction: Dodd-Frank, SEC Regulations, and Legal Challenges
This report discusses the two sections of the Dodd-Frank Wall Street Reform and Protection Act (Dodd-Frank) that require the Securities and Exchange Commission (SEC or Commission) to issue regulations to make public the involvement of U.S. companies in conflict minerals and in resource extraction payments.
The Dodd-Frank Wall Street Reform and Consumer Protection Act: Titles III and VI, Regulation of Depository Institutions and Depository Institution Holding Companies
This report discusses Titles III and VI of the Dodd-Frank Act, which effectuate changes in the regulatory structure governing depository institutions and their holding companies and, thus, constitute a substantial component of the reform effort.
Conventional Arms Transfers to Developing Nations, 2001-2008
This report is provides data on conventional arms transfers to developing nations by the United States and foreign countries for the preceding eight calendar years for use in its policy oversight functions. All agreement and delivery data in this report for the United States are government-to-government Foreign Military Sales (FMS) transactions.
Intellectual Property and the Free Trade Agreements: Innovation Policy Issues
This report offers a broad overview of the intellectual property components of the FTAs. It begins by offering a brief introduction to the global intellectual property system. Next, this report considers the subject matter of the different free trade agreements themselves. It then reviews perceived concerns with respect to the free trade agreements and closes with concluding observations.
Trade Adjustment Assistance (TAA) and Its Role in U.S. Trade Policy
This report discusses the role of TAA in U.S. trade policy, from its inception as a legislative option in the early 1950s, to its core roles as a cornerstone of modern trade policy that many argue has served to promote the long-term U.S. trade liberalization agenda.
Trade Adjustment Assistance (TAA) and Its Role in U.S. Trade Policy
This report discusses the role of Trade Adjustment Assistant (TAA) in U.S. trade policy, from its inception as a legislative option in the early 1950s, to its core role as a cornerstone of modern trade policy that many argue has served to promote the long-term U.S. trade liberalization agenda.
Trade Remedy Legislation: Applying Countervailing Action to Nonmarket Economy Countries
This report contains the trade remedy legislation on applying countervailing action to nonmarket economy countries.
United States-Canada Trade and Economic Relationship: Prospects and Challenges
This report provides an overview of the prospects and challenges of the United States and Canada trade and economic relationship.
Intellectual Property Rights and International Trade
This report provides background on intellectual property rights (IPR) and discusses the roles of U.S. international trade policy in enhancing IPR protection and enforcement abroad.
Trans-Pacific Partnership (TPP) Countries: Comparative Trade and Economic Analysis
This report provides a comparative economic analysis of the Trans-Pacific Partnership (TPP) countries and their economic relations with the United States. TPP negotiating partners encompass great diversity in population, economic development, and trade and investment patterns with the United States.
Hemispheric Free Trade: Status, Hurdles, and Opposition
No Description Available.
Foreign Direct Investment in the United States: An Economic Analysis
Foreign direct investment in the United States1 declined sharply after 2000, when a record $300 billion was invested in U.S. businesses and real estate. In 2007, according to Department of Commerce data, foreigners invested $237 billion. Foreign direct investments are highly sought after by many State and local governments that are struggling to create additional jobs in their localities. While some in Congress encourage such investment to offset the perceived negative economic effects of U.S. firms investing abroad, others are concerned about foreign acquisitions of U.S. firms that are considered essential to U.S. national and economic security.
U.S. Arms Sales: Agreements with and Deliveries to Major Clients, 1997-2004
Report on U.S. arms sales, including the agreements and deliveries, tables of the purchases, and more.
U.S. Terms of Trade: Significance, Trends, and Policy
No Description Available.
Fast Track for Trade Agreements: Procedural Controls for Congress and Proposed Alternatives
This report discusses the fast track trade procedures in the Trade Act of 1974 operate as procedural rules of the House and Senate, and the statute itself declares them to be enacted as an exercise of the constitutional authority of each house to determine its own rules. These procedures prevent Congress from altering an implementing bill or declining to act, but permit it to enact or reject the bill. By these means Congress retains authority to legislate in the areas covered, yet affords the President conditions for effective negotiation.
Trends in Conventional Arms Transfers to the Third World by Major Supplier, 1980-1987
No Description Available.
Trends in Conventional Arms Transfers to the Third World by Major Supplier, 1980-1987
No Description Available.
Arms Sales: Congressional Review Process
This report reviews the process and procedures that currently apply to congressional consideration of foreign arms sales proposed by the President. This includes consideration of proposals to sell major defense equipment, defense articles and services, or the re-transfer to third party nations of such military items.
The Proposed U.S.-Colombia Free Trade Agreement
The proposed U.S.-Colombia Trade Promotion Agreement, also called the U.S.-Colombia Free Trade Agreement (CFTA), is a bilateral free trade agreement between the United States and Colombia which, if ratified, would eliminate tariffs and other barriers in goods and services between the two countries. The CFTA negotiations grew out of a regional effort in 2004 to produce a U.S.-Andean free trade agreement (FTA) between the United States and the Andean countries of Colombia, Peru, and Ecuador. In his January 2010 State of the Union address, President Barack Obama called for a new National Export Initiative (NEI) to boost U.S. exports and create jobs. One component of the NEI calls for opening new markets for U.S. exports by resolving outstanding issues with Colombia, Korea, and Panama with the objective of moving forward with the pending FTAs at the appropriate time. There is currently no indication that the 111th Congress will consider implementing legislation for the proposed U.S.-Colombia FTA.
China-U.S. Trade Issues
This report provides an overview of U.S.-China economic relations, surveys major trade disputes, and lists major legislation in the 110th that seeks to address these issues.
The EU-South Korea Free Trade Agreement and Its Implications for the United States
This report discusses the free trade agreement (FTA) between South Korea and the European Union (EU). It looks at various aspects of the South Korea-EU FTA (KOREU FTA) including economic ties, trade strategies, and an overview of the key provisions of the agreement focusing on manufactured goods, agriculture, services, and various other provisions of particular interest to U.S. policymakers and the U.S. business community. The report also gives an analysis of the potential economic impact of the KOREU FTA and potential implications of the agreement for the United States.
Foreign Affairs, Defense, and Trade Policy: Key Issues in the 107th Congress
Among the 107th Congress' first orders of business will be dealing with the initiatives-both domestic and foreign policy-proposed by President Bush throughout his presidential campaign. This report contains information on those orders of business including U.S. foreign and security policy, global issues, defense policy, and more.
Technology Transfer And National Security Issues
No Description Available.
Iraq: Oil-for-Food Program, International Sanctions, and Illicit Trade
This report discusses the "oil-for-food" program (OFFP) as the centerpiece of a long-standing U.N. Security Council effort to alleviate human suffering in Iraq while maintaining key elements of the 1991 Gulf war-related sanctions regime. The program, in operation from December 1996 until March 2003, is detailed.
Iraq: Oil-for-Food Program, International Sanctions, and Illicit Trade
This report discusses the "oil-for-food" program (OFFP) as the centerpiece of a long-standing U.N. Security Council effort to alleviate human suffering in Iraq while maintaining key elements of the 1991 Gulf war-related sanctions regime. The program, in operation from December 1996 until March 2003, is detailed.
China's Economic Rise: History, Trends, Challenges, and Implications for the United States
This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise for the United States.
U.S.-Mexico Economic Relations: Trends, Issues, and Implications
This report provides an overview of U.S.-Mexico trade and economic trends, the Mexican economy, the effects of the North American Free Trade Agreement (NAFTA), and major trade issues between the United States and Mexico.
U.S.-Mexico Economic Relations: Trends, Issues, and Implications
This report provides an overview of U.S.-Mexico trade and economic trends, the Mexican economy, the effects of the North American Free Trade Agreement (NAFTA), and major trade issues between the United States and Mexico.
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