On the recordMay 10, 2002
Trade promotion authority is very important legislation. We as a nation, and States such as New Hampshire specifically--and States such as the Presiding Officer's State especially--depend inordinately on our capacity to have free trade with other countries because our States, our culture has its competitive edge not in some material or commodity we produce, such as an agricultural good or oil; our economic advantage in New Hampshire is that we have people who are very bright and produce goods that are on the cutting edge. Unfortunately, in the international economy, when you are producing cutting-edge goods, there is a tendency of other nations that cannot keep up to block those goods from coming into their country. It always works to our advantage to open up a country's trade with us because the goods which we produce--which are on the cutting edge, which are the next generation, and always a step ahead of their competition--become available for sale in that country where we have opened barriers.
Said by
Judd Gregg
Source
govinfo.gov