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portada Crs Report for Congress: Proposed U.S.-South Korea Free Trade Agreement and Potential Employment Effects: Analysis of Studies: February 28, 201
Type
Physical Book
Publisher
Language
English
Pages
26
Format
Paperback
Dimensions
24.6 x 18.9 x 0.1 cm
Weight
0.07 kg.
ISBN13
9781293246788

Crs Report for Congress: Proposed U.S.-South Korea Free Trade Agreement and Potential Employment Effects: Analysis of Studies: February 28, 201

Congressional Research Service the Libr (Author) · James K. Jackson (Author) · Mary Jane Bolle (Author) · Bibliogov · Paperback

Crs Report for Congress: Proposed U.S.-South Korea Free Trade Agreement and Potential Employment Effects: Analysis of Studies: February 28, 201 - Bolle, Mary Jane ; Jackson, James K. ; Congressional Research Service the Libr

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Synopsis "Crs Report for Congress: Proposed U.S.-South Korea Free Trade Agreement and Potential Employment Effects: Analysis of Studies: February 28, 201"

The Obama Administration finalized negotiations with South Korea in early December 2010 on a bilateral free trade agreement. As a result, the administration is expected to submit implementing legislation to the 112th Congress on the proposed agreement, but to date has not indicated a timeline for doing so. The 112th Congress may also be asked to consider implementing legislation for proposed free trade agreements with Columbia and Panama. Congress not only plays a direct role in approving legislation that implements the provisions of free trade agreements, but also authorizes and appropriates funding for programs that are meant to provide special assistance to firms and workers that are dislocated as a result of lower barriers to trade. Since the proposed agreement covers a wide range of trade and investment issues, it could have substantial economic implications for both the United States and South Korea. South Korea is the seventh-largest trading partner of the United States, and the United States is South Korea's third-largest trading partner. Similar to other trade agreements, the proposed U.S.-South Korea Free Trade Agreement (KORUS-FTA) has attracted both supporters and detractors, primarily over the impact the agreement could have on employment in the economy. Supporters argue that the ...

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