The purposes of this subchapter are—
(1) to expand the world trading system and raise the level of exports from the United States to the developing countries in order to reduce the United States trade deficit and foster economic expansion and an increase in the standard of living throughout the world;
(2) to alleviate the current international debt problem in order to make the debt situation of developing countries more manageable and permit the resumption of sustained growth in those countries; and
(3) to increase the stability of the world financial system and ensure the safety and soundness of United States depository institutions.
(Pub. L. 100–418, title III, §3103, Aug. 23, 1988, 102 Stat. 1376.)
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