Word: tradings
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Dates: during 1980-1989
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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...
...liberalization of trade extends beyond Canada and the U.S. Multilateral negotiations among 96 nations of the General Agreement on Tariffs and Trade (GATT) are scheduled to continue in Montreal next week, and the Canadian approval of the bilateral agreement should have a positive impact on those talks. Several items incorporated into the U.S.-Canada accord, including intellectual property rights and the liberalization of agriculture and service industries, will be on the table in Montreal...
...phasing out remaining trade barriers, the U.S. and Canada should boost their industrial productivity, which will allow them to compete more effectively with Asian and European rivals. The members of the European Economic Community have already agreed to remove all of their internal barriers by 1992. Now, Canada and the U.S. have taken an important first step toward creating a competitive and cohesive North American economy...
Mulroney must be careful to use the trade agreement to increase Canada's economic vitality without sacrificing his nation's cultural identity. The pact ought to give Americans a chance to examine Canadian social programs. In this regard, the pact could end up making the U.S. more like Canada, instead of making Canada more like...