The North American Free Trade Agreement Includes

Chapter 19 of NAFTA was a trade litigation mechanism that subjects anti-dumping and compensatory tariff (AD/CVD) rules to binational panel review or conventional judicial review. [58] In the United States, for example, review of decisions by authorities imposing anti-dumping and countervailing duties is generally referred to the U.S. International Court of Commerce, a Section III court. However, the NAFTA parties were given the opportunity to appeal decisions against binational bodies made up of five citizens of the two NAFTA countries. [58] Participants were generally lawyers with experience in international commercial law. Since NAFTA did not contain physical provisions for AD/CVD, the panel was tasked with determining whether the final decisions of the agencies to which AD/CVD were parties were consistent with domestic national law. Chapter 19 was an anomaly in international dispute resolution because it did not apply international law, but required a body made up of individuals from many countries to review the application of a country`s domestic law. [Citation required] The three parties responsible for the training and management of NAICS are the Instituto Nacional de Estadistica y Geografia in Mexico, Statistics Canada and the U.S. Bureau of Management and Budget, through its Economic Classification Policy Committee, which also includes the Bureau of Economic Analysis, the Bureau of Labor Statistics and the Bureau of Census. The first version of the classification system was published in 1997. A review in 2002 reflected major changes in the information sector. The last revision, in 2017, resulted in 21 new sectors through the reclassification, splitting or merging of 29 existing industries. Mexico is the third largest trading partner of the United States and the second largest export market for U.S.

products. In 2018, Mexico was our third largest trading partner (after Canada and China) and the second largest export market. Total trade in goods and services totals $678 billion, and this trade directly and indirectly supports millions of Americans.

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