Free Trade in Ideas Act of 1992

Free Trade in Ideas Act of 1992 - Amends the International Emergency Economic Powers Act, the Export Administration Act of 1979, the Trading With the Enemy Act, the Foreign Assistance Act of 1961, and the United Nations Participation Act of 1945 to declare that the authority granted the President under such Acts does not include the authority to regulate or prohibit: (1) the importation from or exportation to any country, or the communication or telecommunication or other form of transmission to any country, of publications, films, posters, phonograph records, photographs, microfilms, microfiche, audiotapes and video tapes, artworks, telephone conversations, other voice or data communications, telecasts, and news wire feeds; (2) other forms of telecommunications; (3) other materials which in the United States would be protected by the First Amendment to the U.S. Constitution; (4) information that is not otherwise controlled under the Export Administration Act of 1979; (5) travel related to importation, exportation, communication, telecommunication, or transmission; (6) transactions for the creation or circulation concerning such information, or rights to such information, whether commercial or otherwise; (7) other transactions incidental to the above-mentioned activities or transactions; (8) any transactions ordinarily incident to travel to and from any country; (9) any transactions ordinarily incident to travel and maintenance within any country; (10) any transactions incident to the arrangement, promotion, or facilitation of travel to, from, or within a country; (11) any transactions incident to nonscheduled flights or voyages to and from any country; (12) normal banking transactions incident to travel to and from any country; (13) the importation or exportation of publications or other informational materials from any country; (14) financial or other transactions, or travel, incident to activities of scholars, other educational or academic activities, cultural activities and exchanges, or public exhibitions by nationals of one country in another country; or (15) financial or other transactions related to the establishment of U.S. news bureaus in foreign countries, or the establishment of foreign news bureaus in the United States.