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1 1 (1984)

handle is hein.amenin/aeiaaws0001 and id is 1 raw text is: 







American  Enterprise Institute


              Trade in Services
           A  Case  for Open   Markets

   JONATHAN  DAVID ARONSON  AND  PETER F. COWHEY

Although the service sector has been largely ignored in the
world trade system, trade in services has in the past two
decades become an important source of jobs and economic
growth. In 1980 global service exports totaled about $370
billion, about 20 percent of world trade. Yet no coherent
system of rules and procedures governs trade in services.
Multilateral trade negotiations did not even consider ser-
vices until Tokyo Round negotiations of the mid-1970s,
and then only at U.S. insistence. Since then U.S. persist-
ence has begun to reap results. Trade in services was one
of the three most debated issues at the November 1982
General Agreement on Tariffs and Trade (GATT) ministe-
rial meeting, and the May 1983 Williamsburg Summit's
closing statement included a commitment to work toward
free trade in services.
    Do services merit a prominent place in the trade
agenda of the United States? Even if services deserve a
high priority in principle, is it feasible to negotiate general
rules for the services trade under GATT? Are other coun-
tries willing to change their longstanding history of regula-
tion of services markets and to expose their national firms
to the challenges of large U.S. service firms? If the United
States enters into multilateral negotiations on services,
what might it expect to achieve?
    Jonathan David Aronson is associate professor, School
of International Relations, University of Southern Califor-
nia. Peter F. Cowhey is associate professor of political sci-
ence, University of California at San Diego.


                                  US $12 00


Jonathan David Aronson



and Peter F Cowhey


      COMPETITNG  IN A
CHANGING   WORLD  EcoNOMT
          PROJECT


I  N7-,1)84 17 3 2

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