POLS 392 Lecture Notes - Lecture 10: Comparative Advantage
Document Summary
Trade and nation: the notion of national boundaries and their relationship with trade come up again and again, early borders , liberals under laurier campaigned on it in 1891 and again in 1911. Competing interest: historically, tariffs pitted farmers against manufacturers rural vs. urban, today, we often find the situation reversed , as always, the question boils down to one of identity. Pros and cons of free trade (us canada: pros. Free trade agreements can intensify the socioeconomic gap between the rich and the poor wealth gap larger. Creates an economic and political dependency between canada and the us.