U.S. trade preference programs promote economic development in
poorer nations by providing export opportunities. The Generalized
System of Preferences, Caribbean Basin Initiative, Andean Trade
Preference Act, and African Growth and Opportunity Act unilaterally
reduce U.S. tariffs for many products from over 130 countries.
However, three of these programs expire partially or in full this
year, and Congress is exploring options as it considers renewal.
The author was asked to review the programs' effects on the United
States and on foreign beneficiaries' exports and development,
identify policy trade-offs concerning these programs, and evaluate
the overall U.S. approach to preference programs. To address these
objectives, the authors analysed trade data, reviewed trade
literature and program documents, interviewed U.S. officials, and
did fieldwork in six countries. This is an excerpted and indexed
version.
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