NFTC Cites Importance of Trade to State Economies
State Legislators Provided Detailed Guide to Benefits of International Trade
The NFTC guide was prepared to serve as a resource for state legislators who want to better understand the basis and substance of U.S. international trade policy, and in part, to dispel many of the negative myths about the impact of trade.
“Increasing the sales of a state’s manufacturers, farmers and service suppliers is a goal that every policymaker should embrace – and governors routinely lead trade missions abroad in the quest to open new markets for state exporters,” said Mary Irace, NFTC Vice President of Trade and Export Finance. “However, the far-reaching impact of international trade is not always fully recognized. We’re hoping this guide will help set the record straight and serve as a valuable resource for legislators.”
The guide offers a comprehensive look at the issues surrounding the current trade debate, including the importance of assisting American workers, protecting American investments, and expanding opportunities for trade in services – the most significant and fast growing sector of the U.S. economy.
The guide will be distributed widely to state legislative leaders and other interested parties and is available on the NFTC Web site at http://www.nftc.org/default/trade/US%20&%20Global%20Trade%20Report.pdf.
Advancing Global Commerce for Over 90 Years
The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules-based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves hundreds of member companies through its offices in