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- Title
A FAILURE TO CONSIDER: WHY LAWMAKERS CREATE RISK BY IGNORING INTERNATIONAL TRADE OBLIGATIONS.
- Authors
Kocan, David R.
- Abstract
The U.S. Congress frequently passes laws facially unrelated to trade that significantly impact U.S. trade relations. These impacts are often harmful, significant, and long-lasting. Despite this fact, these bills rarely receive adequate consideration regarding how they will impact trade. Without this consideration, Congress cannot properly conduct the benefit-cost analysis necessary to pass effective laws. Failure to consider a law's unintended consequences almost guarantees poor outcomes. To remedy this problem, the U.S. Congress committee structure could be amended so that laws that impact trade are considered appropriately. However, the domestic focus of Congressional politics leaves the Legislature in a poor position to enforce stable trade policy. Thus, a Presidential Executive Order requiring agencies to consider the trade implications of rules is ultimately necessary.
- Subjects
UNITED States; FOREIGN trade regulation; COMMERCIAL policy; PUBLIC health; COST effectiveness; WORLD Trade Organization
- Publication
UCLA Pacific Basin Law Journal, 2013, Vol 31, Issue 1, p23
- ISSN
0884-0768
- Publication type
Article
- DOI
10.5070/p8311021820