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Although international trade policy has not been one of the major points of debate in this years presidential race determining the role which the United States will play in the rapidly expanding global market will be a fundamental issue for the next administrationThe next president will be forced to deal with a number of important and in many cases delicate problems that may change the direction of international trade for the next century Among these is the acceptance of China into the World Trade Organization WTO The United States has taken a leading role in pushing for the admittance of China into the WTO but there have been technical problems preventing the deal from being closed Of concern also will be the demands of developing nations who wish to reach a more equitable trading relationship with the industrialized countries Economist It will be the responsibility of the next president to find working solutions to these dilemmasThe two major party candidates this election cycle are Republican Governor George W Bush of Texas and Democratic Vice President Al Gore The two share similar positions within some aspects of foreign trade policy but differ significantly on othersII International Trade Policy of Vice President Al GoreVice President Gore is an advocate of free trade His support for the North American Free Trade Agreement NAFTA which created an open market system between Canada Mexico and the United States was the key reason it was passed into law on January 1 1994 North American Free Trade Agreement He believes that open markets spur technological innovation on a worldwide scale and create tremendous growth and job opportunities domestically VoterIn a speech delivered to the Washington Council on International Trade Vice President Gore remarked that foreign barriers to trade hurt the people they were intended to protect at the cost of American jobs An example of this is the European Unions import ban on hormone-treated beef produced in the United States which sent
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