The Institutional Roots of American Trade Policy: Politics, Coalitions, and International Trade

1997 ◽  
Vol 49 (3) ◽  
pp. 309-338 ◽  
Author(s):  
Michael A. Bailey ◽  
Judith Goldstein ◽  
Barry R. Weingast
Keyword(s):  
International Trade ◽  
Trade Policy ◽  
Free Trade ◽  
Trade Agreements ◽  
Institutional Innovation ◽  
Political Support ◽  
Dramatic Reduction ◽  
American Trade

The 1934 Reciprocal Trade Agreements Act (RTAA) changed the structure of the making of U.S. trade policy and made possible a dramatic reduction in tariffs. The authors demonstrate that the key institutional innovation in the RTAA was its mandate to lower tariffs through reciprocal agreements with foreign nations. The expansion of exports under the RTAA enhanced political support for increasingly lower U.S. tariffs. Evidence that export interests were positively associated with congressional votes for free trade supports this view.

Transparency in International Trade Policy

2014 ◽  
pp. 165-178
Author(s):  
Michael G. Plummer ◽  
Alissa Tafti
Keyword(s):  
International Trade ◽  
Trade Policy ◽  
Free Trade ◽  
Free Trade Agreements ◽  
Trade Agreements ◽  
Economic Effects ◽  
Economic Welfare ◽  
International Trade Policy

This chapter focuses on transparency in the context of trade policy. It begins by considering the issue of “policy transparency” and the implications of improved transparency on uncertainty. It then examines “regulatory transparency” as well as issues related to transparency in the context of free trade agreements. It also highlights the net effects of transparency on trade and income and introduces the concept of “conveyance,” which stresses the importance of “advocacy.” Next, it discusses the potential effects of greater transparency in regional trading arrangements. In spite of the inherent difficulties in quantifying transparency measures and estimating their economic effects, improvements in transparency appear to have the potential to increase trade and economic welfare significantly.

Making Sense of U.S. Trade Policy: What Recent Negotiations Can Tell Us

2019 ◽  
Vol 113 ◽  
pp. 378-380
Author(s):  
Inu Manak
Keyword(s):  
Trade Policy ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Trade Agreements ◽  
Trade Relations ◽  
Making Sense ◽  
The North ◽  
Trading Partners ◽  
The U.S

U.S. trade policy is not what it used to be. Since the U.S. withdrawal from the Trans-Pacific Partnership in January 2017, Indo-Pacific trade relations have been in constant flux. It is not clear where U.S. trade policy will end up, particularly with regard to its relationship with China. However, the conclusion of two renegotiations of previous U.S. trade agreements can tell us generally about the new U.S. approach and what this means for our trading partners. I will discuss developments from the renegotiation of the Korea-U.S. free trade agreement (KORUS) and the U.S.-Mexico-Canada Agreement (USMCA) as a replacement for the North American Free Trade Agreement (NAFTA).

scholarly journals Free Trade Agreement between Turkey and Russian Federation and its Possible Effects to these Countries’ Trade and Taxational Reflections

2015 ◽  
Author(s):  
Raşit Gültekin ◽  
Mustafa Erkan Üyümez
Keyword(s):  
International Trade ◽  
Free Trade ◽  
Russian Federation ◽  
Regional Integration ◽  
Free Trade Agreement ◽  
Free Trade Agreements ◽  
Trade Agreement ◽  
Trade Agreements ◽  
Trade Restrictions ◽  
The Impact

The last period of international trade in goods covers a process carried out with globalization and regionalization efforts. Many countries, on the one hand, take part in arrangements that are executed under the leadership by global actors and aim at removing or reducing conventional obstacles to international trade, on the other hand, participate in various and regional economic integrations to provide a more deep and comprehensive economic cooperation and to cope with the competition and trade restrictions which continually increasing due to political, commercial and economical motives. Trade relations between Turkey and Russian Federation is an important element of the two countries' multidimensional cooperation. The most effective attempt to raise the top level of the volume and quality of existing commercial relationships will be the signing and putting into practice of a comprehensive free trade agreements between the two countries that have not been done previously. The purpose of this study is to determine the potential effects of such a free trade agreements between Turkey and Russian Federation in terms of trade in goods between two countries. To this end, in this study, theoretical aspects of free trade agreements' effects and place within regional integration types will be considered the impact of the possible Turkey-Russia free trade agreement will be examined in a framework of basic provisions with customs duties that set out in free trade agreements, recent trade data and key issues related to these countries.

scholarly journals PRACTICAL ASPECTS OF CUSTOMS AFFAIRS: EXCHANGE OF INFORMATION ON COUNTRY OF ORIGIN OF GOODS

2019 ◽  
pp. 119-123
Author(s):  
V.Р. Zhdanova
Keyword(s):  
European Union ◽  
International Trade ◽  
Free Trade ◽  
Country Of Origin ◽  
Free Trade Agreements ◽  
Trade Agreements ◽  
The State ◽  
The European Union ◽  
Association Agreement ◽  
Exchange Of Information

Today, for the State Fiscal Service of Ukraine, one of the priority areas of international customs cooperation is cooperation with the customs authorities of other countries on the fulfillment of the terms of current free trade agreements. In this context, the exchange of information on the country of origin of goods moving across the customs border of Ukraine is of particular importance, which is one of the important factors for intensifying trade between Ukraine and the European Union. The Association Agreement between Ukraine and the European Union defines a number of obligations that Ukraine must fulfill in order to harmonize national legislation with the requirements of the relevant legislation of the European Union. Please note that there are now over 400 аgreements about free trade and preferential trade agreements that reduce customs tariffs on certain goods, provided they meet the specified origin criteria. However, many participants in foreign economic activity ignore the fact that they may claim tariff preferences or are uninformed in determining whether the goods they buy or sell are entitled to preferential treatment. As a result, many international trade participants pay a fee for goods originating in countries that are parties to the Free Trade Agreements, losing a financial advantage over their competitors. However, many exporters also lose business opportunities, and micro, small and medium-sized enterprises are particularly affected. This article is aimed at exploring the main aspects of legal and organizational support for the exchange of information on issues of the country of origin of goods in the course of customs in Ukraine. The author also intends to explore aspects of international cooperation of the State Fiscal Service of Ukraine with other customs authorities in determining the country of origin of goods moving across the customs border of Ukraine. Determine the possibility of further application of the preferential conditions provided for in the Free Trade Agreements concluded with the participation of Ukraine in the prevention, detection, and/or termination of customs-related violations of the origin of goods. Keywords. information, exchange of information, product, country of origin of the product, international trade.

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