Softwood Lumber and Free Trade Term Paper by Top Papers

Softwood Lumber and Free Trade
A review of the proposed agreement between Canada and the United States on the softwood lumber dispute.
# 129996 | 2,500 words | 2 sources | MLA | 2006 | US


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Description:

The paper looks at how the proposed agreement between Canada and the United States to resolve the softwood lumber dispute has a number of provisions binding both the United States and Canada. The paper explains that it ensures that for at least seven years, Canadian softwood lumber exporters will have access to up to 34 percent of the United States market in this industry, and it also requires that the United States return 78 percent of the $5 billion it has collected in countervailing and anti-dumping duties on Canadian lumber exports since May 2002. In addition, the paper relates that the agreement requires that Canada impose an export tax on softwood lumber sent to the United States if the price of this lumber drops below $355 per thousand board feet. Finally, the paper discusses how the agreement notes that the Atlantic provinces of Canada are exempt from the agreement.

From the Paper:

"The proposed agreement between Canada and the United States to resolve the softwood lumber dispute between the two countries has a number of provisions binding both the United States and Canada. It ensures for at least seven years that Canadian softwood lumber exporters will have access to up to 34 percent of the United States market in this industry. It also requires that the United States return 78 percent of the $5 billion it has collected in countervailing and anti-dumping duties on Canadian lumber exports since May 2002. In addition, the agreement requires that Canada..."

Cite this Term Paper:

APA Format

Softwood Lumber and Free Trade (2006, December 01) Retrieved January 24, 2022, from https://www.academon.com/term-paper/softwood-lumber-and-free-trade-129996/

MLA Format

"Softwood Lumber and Free Trade" 01 December 2006. Web. 24 January. 2022. <https://www.academon.com/term-paper/softwood-lumber-and-free-trade-129996/>

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