Understanding Trade: Key Facts and Terms | Business Roundtable


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What is Business Roundtable

Business Roundtable (BRT) is an association of chief executive officers of leading U.S. companies working to promote sound public policy and a thriving U.S. economy.

Trade is an important engine for U.S. economic growth and jobs. With more than 30 percent of U.S. GDP tied to international trade
and investment, 95 percent of the world’s population abroad, and more than one in five U.S. jobs supported by trade, U.S. engagement in the international marketplace is more important to our nation’s economy than ever before.
But the policy conversation on and language of trade is often complex and sometimes can be confusing. To foster understanding, Business Roundtable has updated this handy reference guide. It is designed to help further the work that must be done to achieve the following critical goals: 
  • Craft and pursue U.S. trade and investment policies and initiatives that help American companies and workers compete in the global marketplace, further rules-based, two-way trade, and ensure U.S. and foreign markets remain open for trade and investment;
  • Address market access barriers and discriminatory treatment of U.S. exporters and investments;
  • Enforce U.S. rights under international trade and investment rules; and
  • Use the tools of trade and investment to help further the economic development of countries and peoples around the world, especially the world’s poor. 
If you need additional copies of this reference guide or want to know more about the benefits of trade and see other Business Roundtable resources, visit: www.brt.org.

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The CEO members of Business Roundtable believe

that realizing America’s full potential to create more high-wage jobs for U.S. workers and greater opportunity for middle-class families should be the nation’s top priority. America’s business leaders have identified six priorities for action by Congress and the Administration.