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Asia Pacific Economic Cooperation (APEC), Free Trade, and the 2001 Summit in Shanghai

Description: On October 20-21, 2001, the Ninth APEC Leaders’ Meeting (summit) was hosted by China in Shanghai. The office theme for APEC 2001 was “Meeting New Challenges in the New Century: Achieving Common Prosperity through Participation and Cooperation” with the sub-themes of: (1) sharing the benefits of globalization and the new economy, (2) advancing trade and investment, and (3) promoting sustained economic growth. For the United States, APEC raises fundamental questions that are of special interest t… more
Date: October 26, 2001
Creator: Nanto, Dick K.
Partner: UNT Libraries Government Documents Department
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Trade Retaliation: The "Carousel" Approach

Description: RS20715: Trade Retaliation: The "Carousel" Approach Lenore Sek Specialist in International Trade and Finance Foreign Affairs, Defense, and Trade Division Updated January 8, 2001 Summary Section 407 of the Trade and Development Act of 2000 (P.L. 106-200) requires the U.S. Trade Representative (USTR) to periodically revise the list of products subject to retaliation when another country fails to implement a World Trade Organization (WTO) dispute decision. This periodic revision of the produc… more
Date: January 8, 2001
Creator: Sek, Lenore
Partner: UNT Libraries Government Documents Department
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Farm Support Programs and World Trade Commitments

Description: Congress is now debating reauthorization of omnibus farm legislation, as most commodityprice support provisions expire in 2002. This report discusses this debate, specifically aspects relating to commitments that the U.S. has as a World Trade Organization (WTO) member. Because of the interrelationships between trade and domestic support policies, lawmakers are interested in what the Agreement on Agriculture stipulates with regard to domestic supports, and how not only the United States but also… more
Date: July 20, 2001
Creator: Becker, Geoffrey S.
Partner: UNT Libraries Government Documents Department
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Trade Legislation in the 106th Congress: An Overview

Description: The 106th Congress completed action on a number of major trade initiatives. The impact on American firms and workers was a paramount concern in the passage of this legislation. Most notably, bills were passed to establish "normal trade relations" with China, deepen economic ties with the countries of Sub-Saharan Africa, enhance trade benefits for 24 Caribbean Basin countries, and to ease trade sanctions on Cuba and other countries. Congress also voted to maintain U.S. participation in the World… more
Date: March 7, 2001
Creator: Ahearn, Raymond J. & Jones, Vivian C.
Partner: UNT Libraries Government Documents Department
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Textile and Apparel Trade Issues

Description: textiles and apparel have been major issues in U.S. trade relations with a number of countries and regions. In attempts to resolve conflicts between the interests of exporters and importers, a number of agreements (multilateral and bilateral) have been signed over the years bearing on, and generally restricting, the quantities of textiles and apparel traded. Developing countries, whose exports have been limited, believe that developed countries have unfairly delayed import liberalization, and c… more
Date: March 20, 2001
Creator: Gelb, Bernard A.
Partner: UNT Libraries Government Documents Department
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Agricultural Trade Issues in the 107th Congress

Description: The 107th Congress will consider and seek to influence trade issues with implications for the U.S. agricultural sector. Trade in agricultural commodities and food products affects farm income and rural employment, and it also generates economic activity beyond the farm gate. With agricultural export sales accounting for one-quarter of farm income, policymakers view U.S. efforts to develop market opportunities overseas as vital to the sector's financial health. Decisions taken by the Bush Admini… more
Date: May 25, 2001
Creator: Hanrahan, Charles E.; Jurenas, Remy & Becker, Geoffrey S.
Partner: UNT Libraries Government Documents Department
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A Free Trade Area of the Americas: Status of Negotiations and Major Policy Issues

Description: At the second Summit of the Americas in Santiago, Chile (April 1998), 34 Western Hemisphere nations agreed to initiate formal negotiations to create a Free Trade Area of the Americas (FTAA) by 2005. The negotiating groups completed a draft agreement in January 2001, which was presented at the third Summit of the Americas held in Quebec City on April 20-22, 2001. President Bush expressed strong support for the FTAA and concrete progress has been made in moving it forward. Yet, differences in pri… more
Date: May 21, 2001
Creator: Hornbeck, J. F.
Partner: UNT Libraries Government Documents Department
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Agricultural Export and Food Aid Programs

Description: This report discusses projected agricultural imports and exports for FY2001, as well as legislation that deals with federal programs in support of agricultural exports and federal aid dedicated to farms and agricultural reform.
Date: May 30, 2001
Creator: Hanrahan, Charles E.
Partner: UNT Libraries Government Documents Department
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Global Markets: Evaluating Some Risks the U.S. May Face

Description: This report focuses on globalization which is seen as a force that enhances the power of the market and gives greater scope for realizing the gains from trade. This is an enriching process, with improved economic well-being growing out of increased specialization of world production and elevated economic efficiency. To others, however, globalization is seen as a clear threat to their economic well-being, perceived to be retarding the growth of worker wages, increasing wage inequality, undermini… more
Date: February 11, 2001
Creator: Elwell, Craig K.
Partner: UNT Libraries Government Documents Department
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U.S.-Jordan Free Trade Agreement

Description: On June 6, 2000, President Bill Clinton and King Abdullah II announced that the United States and Jordan would begin negotiations for a bilateral free trade agreement (FTA). The two sides signed the FTA on October 24, 2000, and President Clinton submitted the FTA to the 107th Congress on January 6, 2001.
Date: December 13, 2001
Creator: Bolle, Mary Jane
Partner: UNT Libraries Government Documents Department
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Vietnam Trade Agreement: Approval and Implementing Procedure

Description: To enter into force, the U.S. trade agreement with Vietnam must be approved by the enactment of a joint resolution of Congress, considered under a specific fast-track procedure with deadlines for its various stages, with mandatory language and no amendments. This report discusses the functional sequence of the legislative and executive steps involved in the implementation of the agreement is described in this report.
Date: July 6, 2001
Creator: Pregelj, Vladimir N.
Partner: UNT Libraries Government Documents Department
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NAFTA Labor Side Agreement: Lessons for the Workers Rights and Fast-Track Debate

Description: The North American Free Trade Agreement (NAFTA), between the United States, Mexico, and Canada was the first trade agreement ever linked to worker rights provisions in a major way. Its companion "side agreement," the North American Agreement on Labor Cooperation (NAALC, which rhymes with "talc") went into effect with NAFTA on January 1, 1994. The NAALC agreement is "broad" in that NAFTA signatories agree to enforce their own labor laws and standards while promoting 11 worker rights principles o… more
Date: January 19, 2001
Creator: Bolle, Mary Jane
Partner: UNT Libraries Government Documents Department
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Caribbean Basin Interim Trade Program: CBI/NAFTA Parity

Description: The entry into force, on January 1, 1994, of the North American Free Trade Agreement (NAFTA) has eliminated the advantage that the beneficiaries of the Caribbean Basin Economic Recovery Act (CBERA) and related provisions of the Caribbean Basin Initiative (CBI) had enjoyed in trade with the United States relative to Mexico, and gave Mexico an increasingly significant competitive edge over the CBERA countries. The scheduled further implementation of the NAFTA would have resulted in a substantial … more
Date: February 5, 2001
Creator: Pregelj, Vladimir N.
Partner: UNT Libraries Government Documents Department
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Caribbean Basin Interim Trade Program: CBI/NAFTA Parity

Description: The entry into force, on January 1, 1994, of the North American Free Trade Agreement (NAFTA) has eliminated the advantage that the beneficiaries of the Caribbean Basin Economic Recovery Act (CBERA) and related provisions of the Caribbean Basin Initiative (CBI) had enjoyed in trade with the United States relative to Mexico, and gave Mexico an increasingly significant competitive edge over the CBERA countries. The scheduled further implementation of the NAFTA would have resulted in a substantial … more
Date: November 14, 2001
Creator: Pregelj, Vladimir N.
Partner: UNT Libraries Government Documents Department
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Export Tax Benefits and the WTO: Foreign Sales Corporations (FSCs) and the Extraterritorial (ETI) Replacement Provisions

Description: The U.S. tax code’s Foreign Sales Corporation (FSC) provisions provided a tax benefit for U.S. exporters. However, the European Union (EU) in 1997 charged that the provision was an export subsidy and thus contravened the World Trade Organization (WTO) agreements. A WTO ruling upheld the EU complaint, and to avoid WTO sanctioned retaliatory tariffs, U.S. legislation in November 2000 replaced FSC with the “extraterritorial income” (ETI) provisions, consisting of a redesigned export tax benefit of… more
Date: July 25, 2001
Creator: Brumbaugh, David L.
Partner: UNT Libraries Government Documents Department
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