THE UNITED STATES' FTAS WITH CHILE AND SINGAPORE

Robert Shelburne

No 1045, International Trade and Finance Association Conference Papers from International Trade and Finance Association

Abstract: This paper examines the U.S. Free Trade Agreements with Chile and Singapore. The structures of the agreements are explained, the existing economic conditions of the countries are examined, the bilateral trade pattern between these nations and the United States is provided, a summary of the major existing trade barriers facing each country is detailed, and the likely economic and employment impacts are explored. These agreements not only liberalize trade, but also open service sectors, strengthen intellectual property and foreign investment protections, liberalize immigration, and introduce labor and environmental standards. These agreements are compared to the earlier FTA with Jordan and the NAFTA with Mexico. Presented 13th International Conference, Vaasa, Finland, May 2003.

Date: 2003-05-28
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