The paper explores Canadian attitudes towards international trade and discusses questions, which arise from their current trade situation.
Written in 2008; 3,475 words; 8 sources; APA; $ 97.95
Paper Summary:
This paper notes that Canada is renowned for its enthusiastic attitude towards international trade and its involvement in organizations, such as the WTO, NAFTA and other regional trading blocs. The paper then explains that this attitude has been tempered recently, however, due to concerns over the validity of such free trade agreements. The author points out that, even though existing free trade agreements are insufficient because of issues of environmental corruption, favor towards U.S. domestic policies and an openness to legislative misinterpretation, in the growing environment of globalization, it is apparent that, for Canada, international trade is here to stay. The paper states that it is undeniable that the U.S. is a powerful ally for Canada and that a positive relationship must be maintained despite political, social and economic problems.
Table of Contents
Introduction
Canadian Enthusiasm for International Trade
Free Trade Agreements Seem Confusing - What are they All About?
Legislation Concerns: Doesn't NAFTA Benefit the U.S. more than Canada?
Should Canada-U.S. Trade Relations even be Encouraged?
What about Environmental Issues?
Conclusion
From the Paper:
"However, NAFTA was initially embraced by the Canadians for a number of reasons. It gave a more comprehensive definition of investment than the Canada-U.S. FTA. Unlike this former agreement, it also applied to sub-national governments and municipalities on top of national governments. It was also much clearer on issues such as establishing a mechanism for the settlement of investment disputes, outlining procedures and time frames for claims, the process of appointing tribunal members and the issuing and enforcing of awards."
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