In this paper I have attempted to investigate and conclude the optimal trade policy US should implement in order to achieve maximum advantage for its economy without undermining or exploiting the economies of its trading partners. ... WHY JANUARY 01, 2005 IS A SIGNIFICANT DATE Why January 01, 2005 has been stressed as an important cut off date in this paper?. ... Before the agreement took effect, quotas controlled a large portion of trade in the sector. ... Thus period after this date will result in various bilateral trade issues that will alter the way trade takes place internationally...

• Word Count: 6737
• Approx Pages: 27
• Grade Level: High School