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Free Trade Agreement And Its Affect On Canadian Business

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With the coming of the Free Trade Agreement (FTA) there have been very serious implications for Canadian business and for that matter, Canada as a whole. Many aspects of the previous economic climate have changed such as the reduction or eliminatation of tariffs and the restrictions on subsidies t ....

Middle of essay

....apan spent 5.6% and Germany 4.8% Even the US spend more at 3.1%. Given these statistics, it will be very difficult for Canada to compete in any form of new technology if all parties are on a level field with less protective trade barriers. Another reason for a dire need for an increase in efficiency is the trade relationship we are currently involved in. While countries in say the EEC are in more or less the same economic power bracket between Canada and the US, there is a major size difference.....
Number of words: 1290 Approximate pages: 5

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