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TRADE LlBERALlZATlON THE KENNEDY ROUND
B The Issues
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achieve adjustment assistance agreed agreement American apparel arrangements Article balance of payments bill Britain British cent Chairman Committee common agricultural policy Common Market Community's competition concessions Congress contracting parties cost cotton textiles customs union developing countries domestic duties economic and monetary economic policy economists effects EFTA elimination entry Europe European Community European Economic Community external tariff foreign free trade area GATT growth impact import quotas increase interest international trade Japanese Kennedy Round legislation less-developed countries limited major manufacturing measures member countries ment million Ministers monetary union multilateral Nixon nomic nontariff barriers percent period political ports President problems proposal protectionism restrictions result sectors square yards Stitt synthetic fibers tariff cuts tariff reductions textile imports textile industry tion Trade Expansion Act trade negotiations trade policy Treaty Treaty of Rome U. S. exports United Kingdom workers world trade