Includes bibliographical references (p. 195-198) and index.

Free trade between the United States and Colombia: analysis of the issues / Jeffrey J. Schott -- Colombia's negotiating objectives -- US negotiating objectives -- Lessons from US FTA experiences -- Overview of chapters -- Bilateral trade and investment / Dean A. DeRosa, Paul L.E. Grieco, and Jeffrey J. Schott -- Trade and investment overview -- Revealed comparative advantage -- Tariffs and administered protection -- Bilateral trade friction -- Colombia's readiness for a free trade agreement / Paul L.E. Grieco and Jeffrey J. Schott -- Broad measures of the Colombian economy -- Hufbauer-Schott readiness indicators -- Readiness in Colombia -- Potential benefits of a US-Colombia FTA / Dean A. DeRosa and John P. Gilbert -- Gravity model analysis to measure potential trade expansion -- GTAP model analysis to measure potential welfare gains -- Appendix 4A. Tables -- Appendix 4B. General equilibrium analysis of a US-Colombia free trade agreement / Scott Bradford -- Agriculture / Tim Josling -- Bilateral agricultural trade flows between the United States and Colombia -- Colombia's agricultural trade regime -- US trade preferences and Colombian agriculture -- Agricultural framework for the US-Colombia free trade agreement -- Impact on multilateral and regional negotiations -- Conclusions -- Labor standards / Kimberly Ann Elliott -- Core labor standards and development -- Evolution of labor standards in US trade agreements -- Status of and policies toward labor standards in Colombia -- Similarities and differences with CAFTA-DR -- Conclusions -- Intellectual property rights / Keith E. Maskus -- Negotiated changes in intellectual property rights -- The US TRIPS-plus agenda -- A tentative evaluation -- A broader strategy -- Conclusions / Jeffrey J. Schott -- Using the free trade agreement to promote Colombian economic development -- Implications of Andean free trade agreements for broader hemispheric integration -- Technical appendix : applied general equilibrium simulation of the proposed US-Colombia FTA / John P. Gilbert -- References -- Index.