Identify and describe two significant U.S laws in international trade Essay

Identify and describe two probative U.S laws in international trade for the period of 2000-2008 - Essay ExampleThis agreement immediately removes tariffs on to a greater extent than eighty percent (80%) of U.S. exports comprising of products, which are consumer and industrial, the rest being phased out in 10 years (USTR, CAFTA-DR net Text, 1). The Office of the United States Trade Representative also says that the DR-CAFTA would provide the same reciprocal access for the products and service of the US, just like most of the imports that enter the United States which are duty free, down the stairs the so-called generalize System of Preferences, Caribbean Basin Initiative and Most Favored Nation programs (USTR, CAFTA-DR Final Text, 1). Hence, the goal of this agreement is to abide by a healthy competition and to create a more efficient marketplace across international borders (US Trade Representative, CAFTA Facts Meeting the Needs of the Regions Rural Poor, 1). This agreement is also provided with funding initiatives in order to enhance rural development and build trade capacity (USTR, CAFTA Facts Financial throw for CAFTA-DR, 1). Thus, countries down the stairs this agreement was said to receive billions of dollars from various agencies in the next few years ((USTR, CAFTA Facts Financial Support for CAFTA-DR, 1).Aside from this, the agreement contains the international labor rights with the capability to trade, providing thereby the procedures in case a ships company fails in its obligations under the labor provisions (Human Rights Watch, 1). However, according to Brandie Ballard Wade, although the provision of the DR-CAFTA provides that members are committed to meet their obligations under the ILO declaration and consider that both the rights of workers and the internationally recognized labor principles are protected and established in its laws, there is however no requirement that they have to meet these obligations (645). Instead, the agreement onl y requires that countries strive to ensure that international principles and rights are acknowledged and protected by