POLI 243 Lecture Notes - Free-Trade Area, Macdonald Commission, Free Trade
23 Apr 2013
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Document Summary
Canada pursues free trade with the united states. When conservatives came to power in 1984, high up on the political agenda. What about conservative supporters: canadian manufacturer"s association (cma, capital class, people who are wealthier. Tories government advocated towards free trade whole heartedly. In order for a modern efficient factory, you need to produce a large factory. Canadian firms were worried, because they saw european economy succeeding (large market for their producers), serving a single market easily and having many consumers. Importing competing producers: import competing firms in manufacturing were already facing. American competition: tariff reduction is going to affect the canadian economy. Trade liberalization is supposed to reduce what consumers pay for many goods in a marginalized fashion. Consumers don"t really care about specific goods. Ignore the interests of consumers in our models. Tories emphasize it, and promote it to the canadian public, and show that the benefits are going to observable in the goods they purchase.
