HECOL441 Lecture Notes - Lecture 7: Technical Textile, North American Free Trade Agreement, Root Mean Square
2 Sep 2016
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Document Summary
Canada"s total merchandise trade, exports plus imports, was b in 2014. As an indicator of size, the value of total trade ows represented 53% of gdp in. Once the quotas were lifted we increased imports. The nafta is canada"s most important trade agreement, particularly for the apparel industry. About 80% of our apparel exports go to the us and these exports are governed by the. The # of canadians making clothes declined from 94,000 in 2001 to 19,000 in 2010. For 2014, according to stats canada the current domestic share is 11. 3% The canadian gov"t at the end of dec 2012 tabled a proposal to restrict the # of least developed countries that are eligible for speci c tari preferences. Proposed that countries such as china and india will no longer be eligible for lower duties on certain products and many garments in ldc would no longer be duty free coming to canada.
