This paper explores whether Canada is disadvantaged by the North American Free Trade Agreement (NAFTA).
Written in 2008; 826 words; 4 sources; MLA; $ 29.95
Paper Summary:
The paper discusses the drawbacks of the NAFTA agreement but reveals that the success of Canada's economic life depends on serious, pragmatic cooperation with the United States. The paper looks at the argument that Canada's political relationship with the U.S. should remain friendly, but its economic focus should shift to other regions such as China or India. The paper explains why an economic relationship with the United States is a necessity for Canada.
From the Paper:
"Many Canadian citizens fear the nation is getting the short end of the stick regarding NAFTA. To date, there have been nine cases against Canada under Chapter 11 of NAFTA alone - all of which involved challenges by U.S. companies operating within Canada. Two of these cases revolved around the controversial 1996 Canada-U.S. Softwood Lumber agreement (Molot 163). Another case was brought against Canada by United Parcel Service (UPS), who argued that its Canadian position was being undermined by rivals Purolator Courier, Priority Courier and Expresspost (ibid, 163). Other cases involve Sun Belt Water Inc., who sued Canada for British Columbia's prohibition on the export of fresh water, and Crompton, who has sued the Canadian government for its decision to ban a pesticide desirable to the chemical manufacturer (ibid 163). Many question, then, how the NAFTA agreement is good for Canadians when such legal cases keep rising."
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