Canada-Us Trade Relations
1.0 Introduction
With over $400 Billion in trade last year it is inevitable that Canada and the United States are each others largest trading partners and more importantly, the largest trading relationship in the world. Trade relations between these two countries have amplified during the past decade through the 1994 implementation of the North American Free Trade Agreement (NAFTA). Nevertheless, the trading relationship between these two countries has not always been harmonious. Recent disputes over softwood lumber, beef and wheat have created a fair bit of animosity between Canada and the United States. Although the World Trade Organization (WTO) and even NAFTA have suggested promising dispute resolution provisions, there is still a fair bit of bitterness between these two parties. The focus of this paper is to evaluate the Canada-United States trade relationship and to focus more specifically on the three main commodities of concern; softwood lumber, beef and wheat. The......
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