Number: RL33944 Title: Trade Primer: Qs and As on Trade Concepts, Performance, and Policy Authors: Raymond J. Ahearn, Mary Jane Bolle, William H. Cooper, J. F. Hornbeck, James K. Jackson, Vivian C. Jones, Dick K. Nanto, and Angeles Villarreal, Foreign Affairs, Defense, and Trade Division; Craig K. Elwell, Government and Finance Division; Jeanne J. Grim Abstract: The 110th Congress has a full legislative and oversight agenda on international trade. The agenda may include considering legislation to implement a number of free trade agreements, possible renewal of trade promotion authority (TPA), as well as oversight of U.S. trade relations with China. This report provides information and context for many of these topics. It is divided into four sections in a question-and-answer format: trade concepts, U.S. trade performance, formulation of U.S. trade policy, and trade and investment issues. Additional suggested readings are provided in an appendix. Pages: 32 Date: March 27, 2007