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Extraction Summary

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People
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Organizations
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Locations
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Events
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Relationships
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Quotes

Document Information

Type: Policy paper / congressional exhibit
File Size: 1.6 MB
Summary

A page from a document discussing United States international trade policy and the World Trade Organization (WTO). The text advocates for reducing barriers in the services trade, digital economy, and other sectors, noting that regulatory barriers can be equivalent to high tariffs. It bears a House Oversight Committee bates stamp.

Organizations (2)

Name Type Context
WTO
Subject of policy analysis regarding trade agreements and liberalization
U.S.
Urged to keep WTO current and foster liberalization principles

Locations (1)

Location Context
Country referenced in trade policy context

Key Quotes (3)

"regulatory, licensing, zoning and other barriers to services are often equivalent to a 30% tariff or higher."
Source
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Quote #1
"The WTO also needs new rules for fair trading by state-owned enterprises."
Source
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Quote #2
"The U.S. should foster the WTO principle of world-wide liberalization by adopting standards in various industries and sectors that would be open to all economies that reciprocate."
Source
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Quote #3

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