5/5 Class Notes
Guest Speaker:
Julia Rauner Guerrero
Senior International Trade Specialist
U.S. Department of Commerce - San Diego
•
Panama gets lots of gov’t revenue from the Panama Canal ($160,000 per
boat that passes through)
•
Talking about FTAs: Trade Agreement w/ Panama did not go through last
year and it might be important in the future
•
What does the U.S. Commerce Dept. do? Helps US companies find
opportunities in dif regions
o
LA tends to be tertiary in most companies’ expansion plans
o
Works mostly w/ SMEs
o
They also work w/ larger companies but usually when they are
already overseas
o
Most US Commerce services are free
o
Helping companies find biz partners abroad esp when working in
countries with lots of bureaucracy
o
All industrialized countries have an equivalent agency and we can
access their websites!
Countries that are very dependent on exports will spend
more money on their commerce agency
•
As economy slows down, companies try to diversify
FTAs
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See handouts: IP agreements are also important
•
FTAA was first started with President Reagan! And Bush
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- Spring '09
- MaryDelmege
- International Trade, Trade Agreement w/, w/ trade issues, w/ specific countries
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