JSPES,
Vol. 31, No. 1 (Spring
2006 )
pp. 13-52
United States Trade Relations with Muslim Countries
Baban Hasnat
The author provides a descriptive and analytic examination of
the nature, magnitude, and structure of U.S. trade with Muslim
countries. From the U.S. point of view, two-way trade with Muslim
countries is small in dollar terms: the U.S. is a more critical
market to Muslim countries than the imports from Muslim countries
are to the U.S., except for oil and gas. The U.S. imports roughly
one-third of its petroleum from Muslim countries, whereas its
non-petroleum trade deficit with Muslim countries is only about
$15 billion. Although trade disputes with Muslim countries are
rare, and several Muslim countries benefit from free or preferential
trade agreements with the U.S., the author lists others whose
exports cannot compete in the U.S. market against rival producers
under present U.S. trade policies.
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