The book provides a simple, yet thorough, introduction on how to export a service to an overseas market. The book will guide its audience with a step-by-step process on exporting a service from research to strategy to implementation.
1 Bringing Services Trade to the Discussion
SECTION I TRENDS IN INTERNATIONAL TRADE AND FOREIGN DIRECT INVESTMENT IN SERVICES
2 Cross-border Trade in Services Is Not New!
3 Global Trends in the New Economy
4 Foreign Direct Investment in Services
SECTION II GUIDE TO EXPORTING A SERVICE
5 Identifying Market Opportunities
6 Selecting an Export Market
7 Using Grants and Contracts to Export a Service
8 Using E-commerce and Other Digital Technologies to Reach Global Markets
SECTION III POLICIES AND INSTITUTIONS GOVERNING TRADE IN SERVICES
9 Evolution of the Multilateral Framework for Trade in Services
10 General Agreement on Trade in Services
11 Trade in Services Agreement
12 Conclusion
Index
In 2012, U.S. and European firms accounted for the highest share of revenue generated by the top international architecture and engineering firms in Africa, at 27 and 31 percent, respectively, according to a U.S. International Trade Commission trade brief. These findings show that the growth of company revenues in an overseas market does not just have to depend on the sale of manufactured products or agricultural commodities. Opportunities also exist for service providers.
International Trade in Services: Effective Practice and Policy addresses a reality that receives minimal attention in the current debate about international tradehow the export and import of services drive a significant portion of international trade. The United States hasl³6
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