Trade Policy

Paper Summary:

This paper reviews Michael Hart's book, "A Trading Nation: Canadian Trade Policy from Colonialism to Globalization" in order to argue the case that Canadian trade policy is often created around subjective and biased economic information that create Canada's trade policy. The paper further analyzes how Hart uses both trade policy and empirical economic data in his research, rather than using market fluctuations and government interaction, to define how Canada's trade economy will function for the best interest of the nation.

From the Paper:

"Finally, Hart uses trade policy to define how Canada will co-exist with America as a major trade partner in multilateral trade policy. Although the 1995 AFTA agreement helped to open the borders with American trade, the actually trade policy issues within the agreement were often not in the best interest of Canada. Often the issue of privatization in the American economy helped to defy the "openness" of the agreement, which helps to solidify Hart's thesis of data that stays close with policy initiatives. In many ways, the data revolving around Canada's markets and the way that politics plays into the mix, does not reflect the serious issues that limit the true autonomy of Canada's part in the NAFTA."

Sample of Sources Used:

• Hart, Michael. A Trading Nation: Canadian Trade Policy from Colonialism to Globalization. Vancouver, British Columbia: University of British Columbia Press, 2003.

More papers on Trade Policy:

• Book Review # 99511 : "Canada's Trade Policy"
• Analytical Essay # 130168 : "Human Development and Trade Policy"
• Essay # 70187 : "US-Europe Trade Policy"

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