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The Canada-U.S. Free Trade Agreement: Its Aspects, Highlights, and Probable Impact on Future Bilateral Trade and Trading Agreements

Rebecca A. Sanford

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Abstract

27 I.L.M. 293.Estimates vary, but due to the FTA, the trade between Canada and the United States is estimated to increase by U.S. $25 billion over five years.The gross national product ("GNP") of Canada is expected to rise by 1%.Currently, the GNP of the U.S. is about 10 times larger than Canada's.Holzinger, supra note 1. The General Agreement onTariffs and Trade, opened for signature Oct. 30, 1947, 61 Stat.A3, A7, T.I.A.S. No. 1700, 55 U.N.T.S. 187 [hereinafter GATT]; U.S. Canada Sign Free Trade Agreement, 88 DEP'T

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27 I.L.M. 293.Estimates vary, but due to the FTA, the trade between Canada and the United States is estimated to increase by U.S. $25 billion over five years.The gross national product ("GNP") of Canada is expected to rise by 1%.Currently, the GNP of the U.S. is about 10 times larger than Canada's.Holzinger, supra note 1. The General Agreement onTariffs and Trade, opened for signature Oct. 30, 1947, 61 Stat.A3, A7, T.I.A.S. No. 1700, 55 U.N.T.S. 187 [hereinafter GATT]; U.S. Canada Sign Free Trade Agreement, 88 DEP'T

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27 I.L.M. 293.Estimates vary, but due to the FTA, the trade between Canada and the United States is estimated to increase by U.S. $25 billion over five years.The gross national product ("GNP") of Canada is expected to rise by 1%.Currently, the GNP of the U.S. is about 10 times larger than Canada's.Holzinger, supra note 1. The General Agreement onTariffs and Trade, opened for signature Oct. 30, 1947, 61 Stat.A3, A7, T.I.A.S. No. 1700, 55 U.N.T.S. 187 [hereinafter GATT]; U.S. Canada Sign Free Trade Agreement, 88 DEP'T

Key concepts: Free trade agreement, International trade, International economics, Free trade, Economics, Business

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The Canada-U.S. Free Trade Agreement: Its Aspects, Highlights, and Probable Impact on Future Bilateral Trade and Trading Agreements — Research Paper | ScholarLens