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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Crs Report for Congress: Adjustment Assistance (Taa) and Its Role in U.S. Trade Policy

Crs Report for Congress: Adjustment Assistance (Taa) and Its Role in U.S. Trade Policy

Hornbeck, J. F.
Congressional Research Service the Libr

Paperback

General Political Science

ISBN10: 1294256661
ISBN13: 9781294256663
Publisher: Bibliogov
Published: Nov 6 2013
Pages: 22
Weight: 0.13
Height: 0.05 Width: 7.44 Depth: 9.69
Language: English
Congress created Trade Adjustment Assistance (TAA) in the Trade Expansion Act of 1962 to help workers and firms adjust to dislocation that may be caused by increased trade liberalization. It is justified now, as it was then, on grounds that the government has an obligation to help the losers of policy-driven trade opening. TAA is also presented as an alternative to policies that would restrict imports, and so provides assistance while bolstering freer trade and diminishing prospects for potentially costly tension (retaliation) among trade partners. As in the past, critics strongly debate the merits of TAA on equity, efficiency, and budgetary grounds. Nonetheless, finding agreement on TAA remains important for forging a compromise on national trade policy.

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