Background Material on the Generalized System of Preferences (GSP) PDF Download
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Author:
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Category : Developing countries
Languages : en
Pages : 88
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Author:
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 88
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ISBN:
Category : Tariff preferences
Languages : en
Pages : 0
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The Generalized System of Preferences (GSP) provides duty-free tariff treatment to certain products imported from designated developing countries. The United States, the European Union, and other developed countries implemented such programs in the 1970s in order to promote economic growth in developing countries by stimulating their exports. The U.S. program (as established by Title V of the Trade Act of 1974) was extended until December 31, 2008, in section 8002 of P.L. 109-432 for all GSP beneficiary countries not covered by the African Growth and Opportunity Acceleration Act of 2004 (P.L.108-274, extended GSP benefits for AGOA beneficiary countries through September 30, 2015). On February 7, 2008, House Ways and Means Chairman Rangel introduced H.R. 5264, a bill seeking to further extend the Generalized System of Preferences and other trade preference programs, such as the Andean Trade Preference Act (ATPA), until September 30, 2010. As passed by the House on February 27 and the Senate on February 28, the law extends only the ATPA for an additional ten months, until December 31, 2008 (P.L. 110-191). Therefore, the GSP and ATPA will expire at the end of 2008, unless renewed by Congress.
Author: Vivian Jones
Publisher: CreateSpace
ISBN: 9781502998101
Category :
Languages : en
Pages : 38
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The U.S. Generalized System of Preferences (GSP) program provides non-reciprocal, duty-free tariff treatment to certain products imported from designated beneficiary developing countries (BDCs). The United States, the European Union, and other developed countries have implemented similar programs since the 1970s.The U.S. program was first authorized in Title V of the Trade Act of 1974, and is subject to periodic renewal by Congress. The GSP program was most recently extended until July 31, 2013, in Section 1 of P.L. 112-40, and has not yet been renewed. Imports under the GSP program in 2013 amounted to about $18.5 billion-about 7% of all imports from GSP countries, and about 1% of total U.S. imports.
Author: United States. Department of the Treasury. Library
Publisher:
ISBN:
Category :
Languages : en
Pages : 278
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ISBN:
Category : Customs administration
Languages : en
Pages : 208
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ISBN:
Category : Government publications
Languages : en
Pages : 1814
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Author: Robert E. Baldwin
Publisher: University of Chicago Press
ISBN: 0226036537
Category : Business & Economics
Languages : en
Pages : 452
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The trade policies addressed in this book have far-reaching effects on the world's increasingly interdependent economies, but until now little research has been devoted to them. This volume represents the first systematic effort to analyze specific U.S. trade policies, particularly nontariff measures. It provides a better understanding of how trade policies operate, how effective they are, and what their costs and benefits are to trading nations. The contributors chart the history of U.S. trade policy since World War II, analyze industry-specific trade barriers, and discuss the effects of tariff preferences and export-promoting policies such as export credits and domestic international sales corporations (DISCs). The final section of essays examines the worldwide impact of import policies, pointing out subtleties in industry-specific policies and providing insight into the levels of protection in developing countries. The contributors blend state-of-the-art economics with language that is accessible to the business community, economists, and policymakers. Commentaries accompany each paper.
Author: Yeh-Lih Wang
Publisher:
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Category : Taiwan
Languages : en
Pages : 264
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Category : Delegated legislation
Languages : en
Pages : 372
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Author:
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ISBN:
Category : Government publications
Languages : en
Pages : 988
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