Canadian Trade Policies

Paper Summary:

This paper explains that devising a direct coercive intervention to promote Canadian trade is a complicated task because Canada's participation in such international forums, as the World Trade Organization and NAFTA, limit the choice of direct and coercive interventions as tariff barriers. The author points out that the Minister of Foreign Affairs and Trade may be well advised to consider an indirect intervention policy. The paper relates that the voluntary nature of this policy is attractive enough to acquire widespread adherence to boost significantly Canadian trade and that its indirect characteristics minimize Canadian exposure to retaliatory measures by its trading partners.

From the Paper:

"It must be acknowledged that devising a direct, coercive intervention to promote Canadian trade is a complicated task given the fact that Canada's participation in such international forums as the World Trade Organization and NAFTA limit the choice of such direct and coercive interventions as tariff barriers. However, the Minister of Foreign Affairs and Trade may be well advised to consider indirect interventions that, while voluntary, are attractive enough to acquire widespread adherence and thus may significantly boost Canadian trade while their indirect characteristics minimize Canadian exposure to retaliatory measures by our trading partners."

More papers on Canadian Trade Policies:

• Book Review # 129765 : "Canadian Trade Policy"
• Book Review # 99511 : "Canada's Trade Policy"
• Book Review # 99522 : "Trade Policy"

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