Word: agreement
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Dates: during 1980-1989
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...granting power to the Progressive Conservatives, Canadians rejected the irrational fears of America that the other parties ran on. The election was in large part a referendum on the bilateral free trade agreement that Mulroney reached last year with President Reagan. The other parties charged that Mulroney's pact would sell out Canadian sovereignty...
Although the U.S. Congress had approved the pact, the Canadian parliament had refused to accept it unless Mulroney called an election. The trade agreement quickly became the central issue of the campaign. Mulroney defended it as a strong effort to liberalize trade and spark economic growth, while his opponents--Liberal John Turner and New Democrat Ed Broadbent--argued that it jeopardized Canadian social programs...
THERE is no question that the agreement is good for the United States. At $150 billion a year, Canada and the U.S. are already each other's largest trading partners, and the pact will further expand trade between the two nations...
Roughly 70 percent of Canadian-American trade is already tariff-free, and the agreement will eliminate the remaining barriers over the next 10 years. The agreement also eases crossborder investment, installs new rules to govern trade for the service industry and gives the United States nondiscriminatory access to Canadian oil, gas and uranium...
...public support, it is these countries that must live with the consequences of U.S. policies. Last month Honduras proposed to the U.N. General Assembly the creation of an international peacekeeping force to patrol its borders with Nicaragua and El Salvador. Honduras has refused to sign a new military cooperation agreement with the U.S. Perhaps more to the point, President Jose Azcona Hoyo recently suggested that the U.S. will have to "move to one side" in deliberations over Central America's future...