📖 The Scoop
This paper updates and refines an analysis of the Canada-US Free Trade Agreement's (FTA) impact that appeared in the fall of last year and contains 3 substantive sections. The 1st looks at the role that exports and imports have played in affecting the direction of the Canadian economy since 1988, the year before the FTA was implemented. The 2d section analyzes trends in both exports and imports over the 1989-92 period, by comparing trade between Canada and the U.S. with trade between Canada and all other countries. It also examines the performance of goods ands services liberalized by free trade relative to the performance of other goods and services. The 3d section offers an overall assessment of the effects of the FTA so far and of the policy implications flowing from the analysis.
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