This report discusses the background of the G-20 (an international forum for discussing and coordinating economic policies) and some of the issues that it has addressed. It includes historic background on the work of the G-20, information about how the group operates, overviews of G-20 summits, major issues that the group is likely to address and the likely effectiveness of the G-20 in the near future. The members of the G-20 include Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States, and the European Union.

This report provides a brief overview of The North American Free Trade Agreement (NAFTA) and the role of Congress in the renegotiation process. It discusses key issues that are likely to be discussed during the current negotiations, and it provides a discussion of policy implications for Congress going forward.

Script from the WBAP-TV/NBC station in Fort Worth, Texas, relating a news story.

Front: Text describes action on various war fronts: Pacific, Western front, Eastern front, Italy, China, the Philippines Maps: Germany, the Philippines, Italy. Back: Large map of the United States and adjoining portions of Canada and Mexico. Includes inset map of naval districts beyond the continental United States, population of the states, sixteenth census, 1940.

Leaders of Western Hemisphere countries have agreed to negotiate a Free Trade Area of the Americas (FTAA) agreement by 2005. FTAA’s objective is to promote economic growth and democracy by eliminating barriers to trade in all goods (including agricultural and food products) and services, and to facilitate investment. If diplomats reach agreement, free trade in the hemisphere could occur by 2020. Negotiations on FTAA’s agriculture component have become contentious. This report discusses the controversial aspects of FTAA, describes the advantages and disadvantages of FTAA, and discusses FTAA in relation to the existing North American Free Trade Agreement (NAFTA).