Canada's Trade Policy

Paper Summary:

The paper examines Michael Hart's thesis that Canadian trade policy has too often been shaped by political considerations rather than economic ones and this trend has led to economic dislocation that could have been avoided. The writer agrees with Hart in general, noting his lucid arguments in favor of free trade and his especially cogent argument in favor of NAFTA. The writer concludes that Michael Hart has made a valuable contribution to existing literature.

From the Paper:

"Hart's defense of his thesis really begins early on in his work. For one thing, Hart notes that Canada has actually been strengthened in some respects by a heavily-regulated international trade situation insofar as such an arrangement actually makes it less vulnerable to unilateral and arbitrary decisions in Washington or elsewhere (8). Simply on its surface, this assertion makes a great deal of sense: Canada is a nation of just over 30 million souls; the United States has about ten times that number and possibly a 100 times the economic clout world-wide. Furthermore, other nations like Russia, China, India and even "western European" nations like France, Germany and Great Britain all have considerably greater human and capital resources than does Canada."

Sample of Sources Used:

• Hart, Michael. A Trading Nation: Canadian Trade Policy from Colonialism to Globalization. Toronto: UBC Press, 2002.

More papers on Canada's Trade Policy:

• Book Review # 99522 : "Trade Policy"
• Analytical Essay # 135434 : "Canada's Policy in Afghanistan"
• Analytical Essay # 130484 : "Trade Policy and Continental Nationalism"

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