Oversight Lax In 4 Free Trade Agreements: GAO

Law360, New York (August 27, 2009, 4:11 PM EDT) -- International trade agreements with four countries have bolstered the volume of free trade but have been subject to lackluster oversight, according to a new report by the U.S. Government Accountability Office.

The report, released Monday, examined the effectiveness of recent U.S. free trade agreements with four countries: Jordan, Chile, Morocco and Singapore.

Trade in goods and services have risen sharply since the period just prior to when the agreements went into effect. Two-way trade, U.S. exports and partner-country exports with the four countries all rose –...
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