Economics
The North America market is one of the richest in the world. Measured in terms of GDP, it is the equivalent of Western Europe. But with a somewhat smaller population, GDP per capita in North America, Canada, Mexico and the U.S., is around 12 percent higher than in Western Europe. The North American Free Trade Agreement (NAFTA), which came into effect January 1, 1994, sets out the schedule for tariff elimination for members.. As a small country, Canada has always been careful in it's dealings it's large neighbor, the U.S., however,
compliance to
this agreement threatens our very existence. Canada was unfairly taken
advantage
of in the singing of this agreement, our identity of a sovereign nation
is at
risk.
The North American market is also one of the most sophisticated and
demanding.
It is an excellent base from which to develop and launch new products.
From a
Canadian base, companies can establish a solid market position......
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