Understanding the International Investment and Trade in Services Survey Act

Definition & Meaning

The International Investment and Trade in Services Survey Act is a federal law that governs the collection of information related to international investments and the U.S. foreign trade in services. This Act is designed to provide the President with the authority to gather data on investments made by foreign entities in the United States. It is particularly focused on investments that may significantly impact the U.S. economy and is administered by the Bureau of Economic Analysis (BEA) within the Department of Commerce.

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Real-world examples

Here are a couple of examples of abatement:

For instance, if a foreign company plans to invest in a U.S. manufacturing plant, the Act mandates reporting of this investment to the BEA. This ensures that the government can monitor foreign influence on domestic industries. (Hypothetical example)

Comparison with related terms

Term Definition Key Differences
Foreign Investment Risk Review Modernization Act A law that reviews foreign investments for national security risks. This Act focuses on security implications, while the International Investment and Trade in Services Survey Act centers on economic data collection.
Trade Act A law governing trade agreements and tariffs. The Trade Act emphasizes trade policies, whereas the International Investment and Trade in Services Survey Act is concerned with investment data.

What to do if this term applies to you

If you are involved in international investments or foreign trade, ensure compliance with the reporting requirements set forth by the Act. You can use US Legal Forms to find templates and resources that can help you navigate these obligations. If your situation is complex, consider consulting a legal professional for tailored advice.

Quick facts

  • Administered by: Bureau of Economic Analysis (BEA)
  • Primary Focus: Foreign investments in the U.S.
  • Legal Reference: 22 USCS § 3101
  • Impact: U.S. economic stability and security

Key takeaways