Fast-Track Trade Legislation and Impact of Globalization
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This paper defines fast-track trade legislation, its purpose and how it came into existence and explains that fast-track legislation is linked to increased international trade and globalization. The concerns of environmental and labor groups are outlined and discussed and the benefits of globalization are described and listed. The conclusion of the paper is that international trade is inevitable and perhaps able to overcome concerns of labor and environmental groups in the long run.
From the Paper:"Fast track trade legislation is the process by which the President can introduce legislation involving trade agreements with foreign countries to Congress. Fast track is unique in that there is a time limit on any debate and the legislation must either be passed without modification or rejected altogether. While fast track legislation is not the only or even the main vehicle for implementing U.S. trade policy it is unique in that there is a time limit on congressional debate before it must be passed. Many opponents of fast track legislation feel that policy expedited too quickly creates a "blank check" to the presidency for passing trade legislation. Fast track legislation and globalization in general has been opposed by..."
Cite this Term Paper:
Fast-Track Trade Legislation and Impact of Globalization (2007, December 01) Retrieved July 27, 2021, from https://www.academon.com/term-paper/fast-track-trade-legislation-and-impact-of-globalization-133659/
"Fast-Track Trade Legislation and Impact of Globalization" 01 December 2007. Web. 27 July. 2021. <https://www.academon.com/term-paper/fast-track-trade-legislation-and-impact-of-globalization-133659/>