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The Proposed U.S.-Panama Free Trade Agreement

Description: This report discusses the free trade agreement (FTA) that the United States and Panama signed on June 28, 2007. While Panama's government ratified the FTA in July 2007, Congress has not yet implemented ratification legislation.
Date: September 15, 2009
Creator: Hornbeck, J. F.
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Dispute Settlement in the World Trade Organization (WTO): An Overview

Description: This report describes the Understanding on Rules and Procedures Governing the Settlement of Disputes (DSU), which is the World Trade Organization's (WTO) means of resolving disputes arising under WTO agreements. The report includes criticisms of certain flaws in the DSU, as well as WTO Members' suggestions for improvement. The report also describes the Office of the United States Trade Representative (USTR), which represents the United States in WTO disputes.
Date: September 8, 2009
Creator: Grimmett, Jeanne J.
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Conventional Arms Transfers to Developing Nations, 2001-2008

Description: 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.
Date: September 4, 2009
Creator: Grimmett, Richard F.
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U.S.-Latin America Trade: Recent Trends and Policy Issues

Description: Trade is one of the more enduring issues in contemporary U.S.-Latin America relations. Latin America is far from the largest U.S. regional trade partner, but it is the fastest growing one, with the current exception of Africa. Over the last 15 years, the United States has implemented multiple free trade agreements with the region, which are more comprehensive than those that include only Latin American countries. This report looks at the status, implications, and alternatives to current free tr… more
Date: September 3, 2009
Creator: Hornbeck, J. F.
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Mexico's Free Trade Agreements

Description: This report provides an overview of Mexico's free trade agreements, its motivations for trade liberalization and entering into free trade agreements, and some of the issues Mexico faces in addressing its economic challenges.
Date: August 27, 2009
Creator: Villarreal, M. Angeles
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The Global Economic Downturn and Protectionism

Description: This report develops three scenarios to approximate different dimensions of the relationship between the global economic downturn and protectionism. The scenarios are not predictions, but descriptions of how and why pressures for protection could be manifested and transmitted under different circumstances and assumptions.
Date: August 26, 2009
Creator: Ahearn, Raymond J.
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China and the Global Financial Crisis: Implications for the United States

Description: This report discusses the economy of China and how it is has been affected by the recent economic downturn. It explores this issue in brief, including what actions the Chinese government is taking to combat the problem, as well as what actions China may take to assist in stabilizing the U.S. economy.
Date: August 17, 2009
Creator: Morrison, Wayne M.
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ATPA Renewal: Background and Issues

Description: This report outlines the various aspects of the Andean Trade Preference Act (ATPA), including significant dates and modifications. The ATPA extends special duty treatment to certain U.S. imports from Bolivia, Colombia, Ecuador, and Peru that meet domestic content and other requirements. The purpose of ATPA is to promote economic growth in the Andean region and to encourage a shift away from dependence on illegal drugs by supporting legitimate economic activities.
Date: August 7, 2009
Creator: Villarreal, M. A.
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Burma: Economic Sanctions

Description: This report provides background information on existing economic sanctions against Burma and possible options to expand sanctions.
Date: August 3, 2009
Creator: Niksch, Larry A. & Weiss, Martin A.
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The Export Administration Act: Evolution, Provisions, and Debate

Description: This report discusses the Export Administration Act in terms of its evolution in the 20th century, its major features including the types of controls authorized by the act, the Commerce Control List and export licensing procedures, and issues concerning the maintenance of export controls under IEEPA.
Date: July 15, 2009
Creator: Fergusson, Ian F.
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U.S. Trade Deficit and the Impact of Changing Oil Prices

Description: Petroleum prices rose sharply in the first half of 2008, at one time reaching more than $140 per barrel of crude oil. This report provides an estimate of the initial impact of the changing oil prices on the nation’s merchandise trade deficit.
Date: July 14, 2009
Creator: Jackson, James K.
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China-U.S. Relations: Current Issues and Implications for U.S. Policy

Description: The bilateral relationship between the U.S. and the People's Republic of China (PRC) is vitally important, touching on a wide range of areas including, among others, economic policy, security, foreign relations, and human rights. This report addresses relevant policy questions in current U.S.-China relations, discusses trends and key legislation in the current Congress, and provides a chronology of developments and high-level exchanges.
Date: July 10, 2009
Creator: Dumbaugh, Kerry
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Iran Sanctions

Description: Iran is subject to a wide range of U.S. sanctions, restricting trade with, investment, and U.S. foreign aid to Iran, and requiring the United States to vote against international lending to Iran. A formal U.S. effort to curb international energy investment in Iran began in 1996 with the Iran Sanctions Act (ISA). ISA was first passed at a time of tightening U.S. sanctions on Iran. Most notable was a 1995 ban on U.S. trade with and investment in Iran. That ban has since been modified slightly to … more
Date: July 9, 2009
Creator: Katzman, Kenneth
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North Korea's Second Nuclear Test: Implications of U.N. Security Council Resolution 1874

Description: The United Nations Security Council unanimously passed Res. 1874 on June 12, 2009, in response to North Korea's second nuclear test. The resolution puts in place a series of sanctions on North Korea's arms sales, luxury goods, and financial transactions related to its weapons programs, and calls upon states to inspect North Korean vessels suspected of carrying such shipments. This report summarizes and analyzes Res. 1874.
Date: July 1, 2009
Creator: Nikitin, Mary Beth; Manyin, Mark E.; Chanlett-Avery, Emma; Nanto, Dick K. & Niksch, Larry A.
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Financing the U.S. Trade Deficit: Role of Foreign Governments

Description: The nation's trade deficit is equal to the imbalance between national investment and national saving. The financial turmoil and economic contraction during 2008 reduced the gap between national saving and investment. The result was a decline in the trade deficit and the net inflow of capital. If total net capital inflows decline, mainstream economics suggests, all else held constant, that the dollar and trade deficit would decline, U.S. interest rates would rise, and U.S. spending on capital go… more
Date: June 29, 2009
Creator: Labonte, Marc
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China-U.S. Trade Issues

Description: U.S.-China economic ties have expanded substantially over the past three decades. With a huge population and a rapidly expanding economy, China is a potentially huge market for U.S. exporters. However, bilateral economic relations have become strained over a number of issues, which this report discusses at length. The current global economic crisis could further challenge China-U.S. economic ties. Several Members of Congress have urged the Obama Administration to take a more assertive approach … more
Date: June 23, 2009
Creator: Morrison, Wayne M.
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The Proposed U.S.-South Korea Free Trade Agreement (KORUS FTA): Provisions and Implications

Description: This report is designed to assist Members of the 111th Congress as they consider the costs and benefits of the U.S.-South Korean Free Trade Agreement (KORUS FTA). It examines the provisions of the KORUS FTA in the context of the overall U.S.-South Korean economic relationship, U.S. objectives, and South Korean objectives. The report will be updated as events warrant.
Date: June 17, 2009
Creator: Cooper, William H.; Manyin, Mark E.; Jurenas, Remy & Platzer, Michaela D.
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Iran's Economic Conditions: U.S. Policy Issues

Description: This report provides a general overview of Iran's economy, addresses related U.S. policy concerns, and discusses policy options for Congress. The purpose of this report is two-fold. First, it provides insight into important macroeconomic trends, policy reforms and objectives, key economic sectors, international trade patterns, and sources of foreign exchange. Second, in the context of U.S. economic sanctions imposed for national security and foreign policy reasons, the report evaluates Iran's e… more
Date: June 15, 2009
Creator: Ilias, Shayerah
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Partner: UNT Libraries Government Documents Department
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