MGMT 1030 Lecture Notes - Lecture 12: Petro-Canada, Industrial Unionism, North American Free Trade Agreement
20 Jul 2016
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Document Summary
The general agreement on tariffs and trade (gatt) is a treaty with one main objective: to reduce barriers to international trade. Through the reduction of tariffs, quantitative restrictions and subsidies on trade through a series of agreements, it was made possible. It was initially introduced to regulate trade as part of a larger plan for economic recovery after world war ii. Gatt were taken over by the world trade organization which was established during the final round of negotiations in the early 1990s. Conservative economic policy/ brian mulroney brian mulroney took over a canadian economy that had failed in 1984. Unlike the previous government, led by pierre elliot trudeau, mulroney attempted to deregulate business in order to stimulate the economy. The main ideas brought about by mulroney were free trade, as shown by the fta and nafta, and taxes. The fta went into effect in january of.
