American Government and International Economic Policy 4/25

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7 Terms

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single most important thing in trade policy

creation of the USTR (United States Trade Representative)

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who is the USTR

like an ambassador, but is a cabinet member

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Limits on USTR

Negotiates, but does not enforce anything

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The 1962 Trade Expansion Act

created the USTR

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Marshall Plan

named after George Marshall (SoS/WW2).

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Treasury

most of treasury deals with domestic policy. multinational banks division deals with international agencies.

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FOR AMERICAN GOV POLICY

THERE IS NO SINGLE AUTHORITY AND NO OVERALL COORDINATION