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 Decade: 2010-2019
 Year: 2012
 Collection: Congressional Research Service Reports
Why Certain Trade Agreements Are Approved as Congressional-Executive Agreements Rather Than as Treaties

Why Certain Trade Agreements Are Approved as Congressional-Executive Agreements Rather Than as Treaties

Date: July 13, 2012
Creator: Grimmett, Jeanne J.
Description: This report briefly discusses the process used to enact U.S. trade agreements such as the North American Free Trade Agreement (NAFTA), World Trade Organization agreements, and bilateral free trade agreements (FTAs). In each case these agreements have been approved by majority vote of each house rather than by two-thirds vote of the Senate - that is, they have been treated as congressional-executive agreements rather than as treaties.
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WTO Dispute Settlement: Status of U.S. Compliance in Pending Cases

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

Date: April 23, 2012
Creator: Grimmett, Jeanne J.
Description: Although the United States has complied with adverse rulings in many past World Trade Organization (WTO) disputes, there are currently 14 cases in which rulings have not yet been implemented or the United States has acted and the dispute has not been fully resolved. Nine unresolved cases involve trade remedies. The report discusses all fourteen cases in detail, which include antidumping, aircraft subsidies, cotton subsidies, online gambling restrictions, music copyright law, and trademark infringement.
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Arms Sales: Congressional Review Process

Arms Sales: Congressional Review Process

Date: February 1, 2012
Creator: Grimmett, Richard F.
Description: 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.
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U.S. Defense Articles and Services Supplied to Foreign Recipients: Restrictions on Their Use

U.S. Defense Articles and Services Supplied to Foreign Recipients: Restrictions on Their Use

Date: March 6, 2012
Creator: Grimmett, Richard F.
Description: In accordance with United States law, the U.S. Government places conditions on the use of defense articles and defense services transferred by it to foreign recipients. Violation of these conditions can lead to the suspension of deliveries or termination of the contracts for such defense items, among other things. This report covers the details and meanings of these reports.
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Conventional Arms Transfers to Developing Nations, 2004-2011

Conventional Arms Transfers to Developing Nations, 2004-2011

Date: August 24, 2012
Creator: Grimmett, Richard F. & Kerr, Paul K.
Description: 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.
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The Dominican Republic-Central America- United States Free Trade Agreement (CAFTA DR): Developments in Trade and Investment

The Dominican Republic-Central America- United States Free Trade Agreement (CAFTA DR): Developments in Trade and Investment

Date: April 23, 2012
Creator: Hornbeck, J. F.
Description: On August 5, 2004, the United States entered into the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR). This permanent, comprehensive, and reciprocal trade agreement eliminates tariff and non-tariff barriers to two-way trade, building on unilateral trade preferences begun under the 1983 Caribbean Basin Initiative (CBI). CAFTA-DR reinforces the idea that growth in trade correlates closely with policies that promote economic stability, private investment in production, public investment in education, infrastructure, logistics, and good governance in general.
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The Dominican Republic-Central America- United States Free Trade Agreement (CAFTADR): Developments in Trade and Investment

The Dominican Republic-Central America- United States Free Trade Agreement (CAFTADR): Developments in Trade and Investment

Date: April 9, 2012
Creator: Hornbeck, J. F.
Description: On August 5, 2004, the United States entered into the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR). This permanent, comprehensive, and reciprocal trade agreement eliminates tariff and non-tariff barriers to two-way trade, building on unilateral trade preferences begun under the 1983 Caribbean Basin Initiative (CBI). CAFTA-DR reinforces the idea that growth in trade correlates closely with policies that promote economic stability, private investment in production, public investment in education, infrastructure, logistics, and good governance in general.
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Trade Primer: Qs and As on Trade Concepts, Performance, and Policy

Trade Primer: Qs and As on Trade Concepts, Performance, and Policy

Date: April 16, 2012
Creator: Hornbeck, J. F.
Description: The 112th Congress has a full legislative and oversight agenda on international trade. The agenda so far has included approval of legislation to implement free trade agreements with Colombia, Panama, and South Korea, and may take up enhanced enforcement of U.S. trade agreements, as well as Russia's accession to the World Trade Organization (WTO) and Permanent Normal Trade Relations (PNTR) status, oversight of the World Trade Organization's Doha Round, and trade relations with China. This report provides information and context for many of these topics. It is divided into four sections in a question-and-answer format: trade concepts; U.S. trade performance; formulation of U.S. trade policy; and trade and investment issues. Additional suggested readings are provided in an appendix.
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Export-Import Bank: Background and Legislative Issues

Export-Import Bank: Background and Legislative Issues

Date: April 3, 2012
Creator: Ilias, Shayerah
Description: The Export-Import Bank of the United States (Ex-Im Bank, EXIM Bank, or the Bank), an independent federal government agency, is the official export credit agency (ECA) of the United States. It helps finance U.S. exports of manufactured goods and services, with the objective of contributing to the employment of U.S. workers, primarily in circumstances when alternative financing is not available. Members of the 112th Congress may examine issues related to the Ex-Im Bank that center on the economic rationale for the Bank; the impact of the Bank on the federal budget and U.S. taxpayers; the Bank's support for specific types of business or industries; the current balance between the Bank's advancement of U.S. commercial interests and other U.S. policy goals; the competitive position of the Bank compared to foreign ECAs; and the Bank's organizational structure.
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The Proposed Anti-Counterfeiting Trade Agreement: Background and Key Issues

The Proposed Anti-Counterfeiting Trade Agreement: Background and Key Issues

Date: March 1, 2012
Creator: Ilias, Shayerah
Description: The proposed Anti-Counterfeiting Trade Agreement (ACTA) is a new agreement for combating intellectual property rights (IPR) infringement. The ACTA negotiation concluded in October 2010, nearly three years after it began, and negotiating parties released a final text of the agreement in May 2011. Negotiated by the United States, Australia, Canada, the European Union and its 27 member states, Japan, South Korea, Mexico, Morocco, New Zealand, Singapore, and Switzerland, the ACTA is intended to build on the IPR protection and enforcement obligations set forth in the 1995 World Trade Organization (WTO) Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS Agreement).
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Trade Reorganization: Overview and Issues for Congress

Trade Reorganization: Overview and Issues for Congress

Date: May 31, 2012
Creator: Ilias, Shayerah
Description: On January 13, 2012, President Obama asked Congress for authority to reorganize and consolidate into one department the business- and trade-related functions of six federal entities. U.S. policymakers' interest in the organizational structure of U.S. government trade functions has grown in recent years, stimulated by congressional and federal efforts to promote U.S. exports and employment, including through the National Export Initiative (NEI). Interest also has been stimulated by national debates on reducing federal spending and the size of the U.S. government. This report looks at the policy debate and role of Congress in such a move.
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U.S. Government Agencies Involved in Export Promotion: Overview and Issues for Congress

U.S. Government Agencies Involved in Export Promotion: Overview and Issues for Congress

Date: May 1, 2012
Creator: Ilias, Shayerah; Hanrahan, Charles E. & Villarreal, M. A.
Description: This report provides an overview of the federal government agencies that participate in U.S. export promotion efforts and the issues that they raise for Congress. The recent global economic downturn has renewed congressional debate over the role of the federal government in promoting exports. This debate has been heightened with the Obama Administration's introduction of the National Export Initiative (NEI) in the 2010 State of the Union Address.
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The Committee on Foreign Investment in the United States (CFIUS)

The Committee on Foreign Investment in the United States (CFIUS)

Date: September 26, 2012
Creator: Jackson, James K.
Description: This report gives a brief overview of P.L. 110-49, the Foreign Investment and National Security Act of 2007. Although both the President and Congress are directly involved in formulating the scope and direction of U.S. foreign investment policy, this law broadens Congress' oversight role; it also explicitly includes the areas of homeland security and critical infrastructure as separately-identifiable components of national security that the President must consider when evaluating the national security implications of a foreign investment transaction.
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Foreign Direct Investment in the United States: An Economic Analysis

Foreign Direct Investment in the United States: An Economic Analysis

Date: October 26, 2012
Creator: Jackson, James K.
Description: Report containing information regarding foreign direct investments, including the foreign acquisition of American firms.
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Outsourcing and Insourcing Jobs in the U.S. Economy: Evidence Based on Foreign Investment Data

Outsourcing and Insourcing Jobs in the U.S. Economy: Evidence Based on Foreign Investment Data

Date: May 10, 2012
Creator: Jackson, James K.
Description: The impact of foreign direct investment on U.S. employment is provoking a national debate regarding U.S. job creation versus outsourcing. Many economists argue that there is little evidence to support the notion that the overseas investment activities of U.S. multinational companies play a significant role in the rate at which jobs are created in the U.S. economy. They argue that the source of job creation in the economy is rooted in the combination of macroeconomic policies the nation has chosen, the rate of productivity growth, and the availability of resources. This report addresses these issues by analyzing the extent of direct investment into and out of the economy, the role such investment plays in U.S. trade, jobs, and production, and the relationship between direct investment and the broader economic changes that are occurring in the U.S. economy.
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U.S. Trade Deficit and the Impact of Changing Oil Prices

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

Date: April 13, 2012
Creator: Jackson, James K.
Description: This report provides an estimate of the initial impact of the changing oil prices on the nation's merchandise trade deficit.
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U.S. Trade Deficit and the Impact of Changing Oil Prices

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

Date: June 18, 2012
Creator: Jackson, James K.
Description: This report provides an estimate of the initial impact of the changing oil prices on the nation's merchandise trade deficit.
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Generalized System of Preferences: Background and Renewal Debate

Generalized System of Preferences: Background and Renewal Debate

Date: April 19, 2012
Creator: Jones, Vivian C.
Description: This report presents, first, a brief history, economic rationale, and legal background leading to the establishment of the Generalized System of Preferences (GSP). Second, the report presents a discussion of U.S. implementation of the GSP, along with the present debate surrounding its renewal and legislative developments to date. Third, an analysis of the U.S. program's effectiveness and the positions of various stakeholders are presented. Fourth, implications of the expiration of the U.S. program and possible options for Congress are discussed.
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International Trade: Rules of Origin

International Trade: Rules of Origin

Date: January 5, 2012
Creator: Jones, Vivian C. & Martin, Michael F.
Description: This report deals with rules of origin (ROO) in three parts. First, we describe in more detail the reasons that country of origin rules are important and briefly describe U.S. laws and methods that provide direction in making these determinations. Second, we discuss briefly some of the more controversial issues involving rules of origin, including the apparently subjective nature of some CBP origin determinations, and the effects of the global manufacturing process on ROO. Third, we conclude with some alternatives and options that Congress could consider that might assist in simplifying the process.
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International Trade: Rules of Origin

International Trade: Rules of Origin

Date: January 5, 2012
Creator: Jones, Vivian C. & Martin, Michael F.
Description: This report deals with Rules of origin (ROO) in three parts. First, we describe in more detail the reasons that country of origin rules are important and briefly describe U.S. laws and methods that provide direction in making these determinations. Second, we discuss briefly some of the more controversial issues involving rules of origin, including the apparently subjective nature of some CBP origin determinations, and the effects of the global manufacturing process on ROO. Third, we conclude with some alternatives and options that Congress could consider that might assist in simplifying the process.
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Potential Trade Effects of Adding Vietnam to the Generalized System of Preferences Program

Potential Trade Effects of Adding Vietnam to the Generalized System of Preferences Program

Date: August 14, 2012
Creator: Jones, Vivian C. & Martin, Michael F.
Description: Report that looks at the effects of adding Vietnam to the U.S. Generalized System of Preferences (GSP) as a "developing country."
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U.S. Trade and Investment Relations with sub-Saharan Africa and the African Growth and Opportunity Act

U.S. Trade and Investment Relations with sub-Saharan Africa and the African Growth and Opportunity Act

Date: November 14, 2012
Creator: Jones, Vivian C. & Williams, Brock R.
Description: Report that examines African economic trends and U.S. trade and investment flows with SSA. It discusses the provisions of AGOA and the changes that have occurred since its enactment. It concludes with a brief discussion of issues for Congress.
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U.S. Trade and Investment Relations with sub-Saharan Africa and the African Growth and Opportunity Act

U.S. Trade and Investment Relations with sub-Saharan Africa and the African Growth and Opportunity Act

Date: June 26, 2012
Creator: Jones, Vivian C. & Williams, Brock R.
Description: This report looks at the pros and cons of recent legislation brought up in the 112th Congress, including the renewal of the African Growth and Opportunity Act (AGOA) and how it will affect trade between the U.S. and sub-Saharan Africa (SSA).
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Trade Preferences: Economic Issues and Policy Options

Trade Preferences: Economic Issues and Policy Options

Date: November 14, 2012
Creator: Jones, Vivian C.; Hornbeck, J. F. & Villarreal, M. Angeles
Description: Report discussing programs designed to foster growth in less developed countries, the major U. S. trade preference programs, their possible economic effects, stakeholder interests, and legislative options.
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