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

Description: The 112th Congress has a full legislative and oversight agenda on international trade. The agenda may include considering legislation to implement pending free trade agreements with Panama, South Korea, and Colombia, enhanced enforcement of U.S. trade agreements, as well as 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. The report 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.
Date: January 5, 2011
Creator: Ahearn, Raymond J.
Partner: UNT Libraries Government Documents Department

Trade Law: An Introduction to Selected International Agreements and U.S. Laws

Description: This report is an introductory overview of the legal framework governing trade-related measures. The agreements and laws selected for discussion are those most-commonly implicated by U.S. trade interests, but there are U.S. trade laws and obligations beyond those reviewed in this report.
Date: January 14, 2011
Creator: Barbour, Emily C.
Partner: UNT Libraries Government Documents Department

International Trade: Rules of Origin

Description: This report deals with Rules of Origin (ROO) in three parts: [1] a detailed description of the reasons that country-of-origin rules are important with brief descriptions of U.S. laws and methods that provide direction in making these determinations; [2] a brief discussion of 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; and [3] a description of some alternatives and options that Congress could consider that might assist in simplifying the process.
Date: January 11, 2011
Creator: Jones, Vivian C. & Martin, Michael F.
Partner: UNT Libraries Government Documents Department

Agriculture in Pending U.S. Free Trade Agreements with Colombia, Panama, and South Korea

Description: This report discusses pending U.S. free trade agreements (FTAs) with South Korea, Colombia, and Panama. The bills to implement these agreements will now be debated under trade promotion authority, or fast-track rules, designed to expedite congressional consideration. The report includes an overview of agricultural issues regarding FTAs and pending FTA partners, as well as a closer breakdown of the specific issues for each of the countries.
Date: February 14, 2011
Creator: Jurenas, Remy
Partner: UNT Libraries Government Documents Department

Agriculture in Pending U.S. Free Trade Agreements with South Korea, Colombia, and Panama

Description: This report discusses pending U.S. free trade agreements (FTAs) with South Korea, Colombia, and Panama. The bills to implement these agreements will now be debated under trade promotion authority, or fast-track rules, designed to expedite congressional consideration. The report includes an overview of agricultural issues regarding FTAs and pending FTA partners, as well as a closer breakdown of the specific issues for each of the countries.
Date: October 6, 2011
Creator: Jurenas, Remy
Partner: UNT Libraries Government Documents Department

The Trans-Pacific Partnership Agreement

Description: This report discusses the Trans-Pacific Partnership Agreement (TPP), a free trade agreement that includes nations on both sides of the Pacific. Original members of the TPP were Brunei, Chile, New Zealand, and Singapore. The United States, Australia, Peru, and Vietnam have committed themselves to joining and expanding this group. This report discusses similar trade partnerships, the importance of Asia to U.S. trade and security interests, and U.S. participation in the TPP.
Date: January 10, 2011
Creator: Fergusson, Ian F. & Vaughn, Bruce
Partner: UNT Libraries Government Documents Department

The Trans-Pacific Partnership Agreement

Description: This report discusses the Trans-Pacific Partnership Agreement (TPP), a free trade agreement that includes nations on both sides of the Pacific. Original members of the TPP were Brunei, Chile, New Zealand, and Singapore. The United States, Australia, Peru, and Vietnam have committed themselves to joining and expanding this group. This report discusses similar trade partnerships, the importance of Asia to U.S. trade and security interests, and U.S. participation in the TPP.
Date: December 12, 2011
Creator: Fergusson, Ian F. & Vaughn, Bruce
Partner: UNT Libraries Government Documents Department

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

Description: U.S. trade agreements such as the North American Free Trade Agreement (NAFTA), World Trade Organization agreements, and bilateral free trade agreements (FTAs) 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. The congressional-executive agreement has been the vehicle for implementing Congress's long-standing policy of seeking trade benefits for the United States through reciprocal trade negotiations. This report discusses this topic in brief.
Date: January 19, 2011
Creator: Grimmett, Jeanne J.
Partner: UNT Libraries Government Documents Department

International Trade and Finance: Key Policy Issues for the 112th Congress

Description: The 112th Congress, in both its legislative and oversight capacities, faces numerous international trade and finance issues. In addition to the broader congressional oversight of the economic and political context of the current U.S. participation in the global economy, this report highlights major international trade and finance issues Congress may address this year and next.
Date: January 11, 2011
Creator: Ahearn, Raymond J.
Partner: UNT Libraries Government Documents Department

Europe's Preferential Trade Agreements: Status, Content, and Implications

Description: This report explores intersecting issues regarding Europe's preferential trade agreements (PTA) in three parts. The first section discusses the status and primary motivations of the EU's PTAs currently in place or under negotiation. The second compares the content and trade coverage of Europe's PTAs to U.S. PTAs. A third section assesses the implications of the EU's PTA program for the multilateral trading system and U.S. trade policy. A concluding section evaluates future directions for Europe's PTA policy.
Date: March 3, 2011
Creator: Ahearn, Raymond J.
Partner: UNT Libraries Government Documents Department

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

Description: U.S. trade agreements such as the North American Free Trade Agreement (NAFTA), World Trade Organization agreements, and bilateral free trade agreements (FTAs) 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. The congressional-executive agreement has been the vehicle for implementing Congress's long-standing policy of seeking trade benefits for the United States through reciprocal trade negotiations. This report discusses this topic in brief.
Date: January 19, 2011
Creator: Grimmett, Jeanne J.
Partner: UNT Libraries Government Documents Department

Generalized System of Preferences: Background and Renewal Debate

Description: This report presents, first, a brief history, economic rationale, and legal background leading to the establishment of the U.S. Generalized System of Preferences (GSP) program, which provides non-reciprocal, duty-free tariff treatment to certain products imported from designated beneficiary developing countries (BDC's). A brief comparison of GSP programs worldwide, especially as they compare to the U.S. system, is also presented. 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 is presented. Fourth, implications of the expiration of the U.S. program and possible options for Congress are discussed.
Date: February 23, 2011
Creator: Jones, Vivian C.
Partner: UNT Libraries Government Documents Department

Proposed U.S.-Colombia Free Trade Agreement: Background and Issues

Description: This report discusses the proposed U.S.-Colombia Free Trade Agreement (CFTA) signed November 22, 2006, which has not yet been approved by Congress. It includes an overview of the proposed CFTA and U.S.-Colombia trade, background on Colombia, issues for Congress to consider, Colombia's plan to improve labor rights, and the actions that Colombia has already taken to improve violence, labor, and human rights within the country.
Date: July 8, 2011
Creator: Villarreal, M. Angeles
Partner: UNT Libraries Government Documents Department

Proposed U.S.-Colombia Free Trade Agreement: Background and Issues

Description: The United States is Colombia's leading trade partner. Colombia accounts for a very small percentage of U.S. trade (0.9% in 2010), ranking 20th among U.S. export markets and 25th as a source of U.S. imports. Economic studies on the impact of a U.S.-Colombia free trade agreement (FTA) have found that, upon full implementation of an agreement, the impact on the United States would be positive but very small due to the small size of the Colombian economy when compared to that of the United States (about 1.9%).
Date: May 3, 2011
Creator: Villarreal, M. Angeles
Partner: UNT Libraries Government Documents Department

Trade in Services: The Doha Development Agenda Negotiations and U.S. Goals

Description: The United States and the other 153 members of the World Trade Organization (WTO) have been engaged in a set or "round" of negotiations called the Doha Development Agenda (DDA) since December 2001. The DDA's main objective is to refine and expand the rules by which WTO members conduct foreign trade with one another. This report is designed to assist the 112th Congress to understand and monitor progress of the negotiations and the major issues that the negotiators are addressing. The report provides a brief background section on the significance of services to the U.S. economy. It then explains briefly the General Agreement on Trade in Services (GATS) and the structure and agenda of the services negotiations in the DDA round, including U.S. objectives in the negotiations. The report concludes with a status report on the negotiations and an examination of potential results.
Date: March 10, 2011
Creator: Cooper, William H.
Partner: UNT Libraries Government Documents Department

What's the Difference?-Comparing U.S. and Chinese Trade Data

Description: This paper examines the differences in trade data from the United States and China in two ways. First, it compares the trade figures at the two digit level using the Harmonized System to discern any patterns in the discrepancies between the U.S. and Chinese data. The second approach to examining the differing trade data involves a review of the existing literature on the technical and non-technical sources of the trade data discrepancies, including an October 2009 joint China-U.S. report on statistical discrepancies in merchandise trade data.
Date: February 18, 2011
Creator: Martin, Michael F.
Partner: UNT Libraries Government Documents Department

Proposed U.S.-Colombia Free Trade Agreement: Background and Issues

Description: This report discusses the proposed U.S.-Colombia Trade Promotion Agreement, also called the U.S.-Colombia Free Trade Agreement (CFTA),which 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.
Date: June 29, 2011
Creator: Villarreal, M. Angeles
Partner: UNT Libraries Government Documents Department

Permanent Normal Trade Relations (PNTR) Status for Russia and U.S.-Russian Economic Ties

Description: The change in Russia's trade status will require legislation to lift the restrictions currently applied to Russia under Title IV of the Trade Act of 1974, which includes the "freedom-of-emigration" requirements of the Jackson-Vanik amendment. The process for Russia's accession to the World Trade Organization (WTO) is proceeding and may be completed soon. As a result, Members may confront the issue of whether to grant Russia permanent normal trade relations (PNTR) status during the 112th Congress.
Date: June 16, 2011
Creator: Cooper, William H.
Partner: UNT Libraries Government Documents Department