POLS 212 Lecture Notes - Lecture 15: Canada–United States Softwood Lumber Dispute, General Agreement On Tariffs And Trade, North American Free Trade Agreement

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Infastructure can have direct or indirect benefits: you can get the state to pay for things you would otherwise have to pay for yourself. (cid:1) 3rd) idea of spending power; in wake of finical crisis, many corporate interests were not against tax cuts to stimulate spending power (cid:1) (cid:1) (cid:1) (cid:1) (cid:1) Middle class: public service, managers, unions, better work quality. How the economy has changed in canada over time: started with beaver hats: heavy resource extraction based economy (cid:1) (cid:1) Early 1900"s to ww2 period, industrialization of canadian economy. Back to heavy resource xtraction (raw materials) that haven"t been manufactured into anything (cid:1) Post-industrial service sector economy: very stratified; low end and high end (bay street vs timmies) (cid:1) (cid:1) (cid:1) (cid:1) Fdi: investment"s where foreign investors has influence over operations (10% +) (cid:1) (cid:1) Gatt dispute resolution mechanism: adjudication process for deciding if treat is violated, sometimes with sanctions ex: softwood lumber dispute (cid:1) (cid:1) (cid:1)

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