S trade with other developing countries but has

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Unformatted text preview: lly for years," she said. "It supplements and creates a more robust economy." With Nebraska among the nation's leaders in corn, soybean and livestock production and processing, trade is key to keeping the state's agricultural industry thriving, said Greg Ibach, director of the Nebraska Department of Agriculture. According to the U.S. Department of Agriculture, Nebraska's 2009 exports were the fourth largest in the nation with a value of $4.83 billion. The No. 1 agricultural trade item in 2009 from Nebraska was soybeans at $1.367 billion, followed by feed grain and products, $1.36 billion; live animals and meats, $1.06 billion; hides and skins, $276.9 million; and feed and fodder, $250 million. "We have to look for markets outside Nebraska's borders, both domestically and internationally," Ibach said. He said the international market has been good for Nebraska. "Our customers in Asia, Europe and other places in the world are willing to pay for our high-quality goods and we are anxious to look for opportunities and to help connect our businesses, as well as our farmers, to those opportunities in export markets," Ibach said. Smith, who serves on the Committee on Ways and Means and its Subcommittee on Trade, said trade is important to the 3rd District "because our producers are so efficient." "They produce a great quantity with a great quality and these foreign markets are very important, not only to agriculture, but in other production as well with manufacturers who ship all over the world," Smith said. Many of those manufacturers are small firms, Smith said. According to the U.S. Chamber of Commerce, 97 percent of all U.S. exports are generated by small to medium companies. Smith said increased trade opportunities are an important component that will help the U.S. pull itself out of its economic doldrums. "Even though we are a big economy, we are also a big consumer. Still, 73 percent of the world's purchasing power is outside our borders," he said. Smith said international markets provide U.S. families more than $10,000 more per year in purchasing power. "That allows for a better quality of life," he said. Gonzaga Debate Institute 2011 46 Mercury Politics Impact – SKFTA Good – Econ SKFTA key to the economy – jobs and free trade The Washington Post, editorial, 6-5-11 (“Free the free-trade agreements,” June 5, 2011,, accessed June 21, 2011, EJONES) What’s especially maddening about all of this is that most Republicans and Democrats claim to agree on the benefits of the trade pacts. First, all three potential partners, especially South Korea and Colombia, are regional allies that both deserve and need the diplomatic backing that free trade with the United States would symbolize. Second, the agreements are likely to prove a net plus for the U.S. economy when jobs are in short supply. And, third, if the United States fails to forge closer trade ties with these countries, competitors in Euro...
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This note was uploaded on 01/14/2013 for the course POL 090 taught by Professor Framer during the Spring '13 term at Shimer.

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