ABSTRACT

International Trade and Finance: Overview and Key Issues for the 117th Congress [February 3, 2021]   [open pdf - 1022KB]

From the Introduction: "International trade and finance shape the everyday material life of people in the United States. How goods, services, and money crisscross the globe can determine the success of U.S. industry and agriculture, the financial security of U.S. households, the goods and services available to U.S. consumers, the strength of the U.S. dollar, and the health of the global environment. International trade and finance are also tools for securing U.S. foreign policy and national security interests. Since World War II, the United States has used trade policy to promote overall global economic growth and strengthen links to its allies, sanctions to isolate its adversaries, and participation in international institutions to establish an open rules-based global economy intended to encourage peaceful, stable, and expanding economic engagement in the world. Congress is in a unique position to set U.S. trade policy given its constitutional authority for legislating and overseeing international commerce."

Report Number:
CRS Report for Congress, R46669
Author:
Publisher:
Date:
2021-02-03
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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