« »
October 11th, 2021

The North American Free Trade Agreement And The European Union Both Seek To Expand

On the contrary, as one Canadian commentator put it, “free trade has helped Canada grow, to look to the world, to assume its future as a merchant nation, and to overcome its chronic sense of inferiority.” 76 However, some hopes of the free trade agreement, for example. B that it would be a catalyst for increasing productivity in Canadian industry, did not come forward either. Most of the trade effects of NAFTA can be attributed to changes in trade and investment behaviour with Mexico, given that economic integration between Canada and the United States has already taken place. As has already been said, NAFTA may have accelerated trade between the United States and Mexico since 1993, but other factors, such as. B patterns of economic growth, have also influenced trade. .

Comments are closed.