Number: RL31932
Title: Trade Agreements: Impact on the U.S. Economy
Authors: James K. Jackson, Foreign Affairs, Defense, and Trade Division 
Abstract: This report examines the major features of economic models being used to estimate the effects of trade agreements. It assesses the strengths and weaknesses of the models as an aid in helping Congress evaluate the economic impact of trade agreements on the U.S. economy. In addition, this report identifies and assesses some of the assumptions used in the economic models and how these assumptions affect the data generated by the models. Finally, this report evaluates the implications for Congress of various options it may consider as it assesses trade agreements.
Pages: 22
Date: February 6, 2008