Trade Agreements Act of 1979:
The Trade Agreements Act of 1979 (TAA), Pub.L. 96-39, 93 Stat. 144, enacted July 26, 1979, codified at 19 U.S.C. ch.13 (19 U.S.C. § 2501–2581), is an Act of Congress that governs trade agreements negotiated between the U.S. and other countries under the Trade Act of 1974.
The stated purposes of the TAA are:
- to approve and implement the trade agreements negotiated under the Trade Act of 1974;
- to foster the growth and maintenance of an open world trading system;
- to expand opportunities for the commerce of the United States in international trade; and
- to improve the rules of international trade and to provide for the enforcement of such rules, and for other purposes.[1]
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