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How The Canadian Economy Is De
Part 1 of Essay
The Canadian economy is determined largely by the United States economy threw the North American Free Trade Agreement (NAFTA) and the Free Trade Agreement (FTA). The North American Free Trade Agreement was an agreement that came into effect on January 1,1995 which involves Mexico, Canada and the United States of America. ....
Part 2 of Essay .... Canada’s GDP comes from exports to the United States. This agreement eliminated “all trade restrictions such as tariffs, quotas, and non tariff barriers.” The Canadian economy gains access to the U.S economy that is ten times its size. While the U.S economy will gain the lower-priced Canadian goods.
These two agreements show how much the Canadian economy relies on the United States economy and threw these two agreements the Canadian producers can export and import U.S goods easily and at an affordable and pro ....
Word count: 2088 | Approximate pages: 8
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