POLI 243 Study Guide - Midterm Guide: General Agreement On Tariffs And Trade, Monetary Policy, Office Of The United States Trade Representative

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Uruguay trade negotiations dragging on -> doubts about the availability/ stability of gatt. As insurance canada need access to sum foreign market in the future (fta w/ Signs that us was to practice more protectionism (ntb"s were already being deployed; tariffs were an option). Canada super interested in deciding on how were issues to be settled in international trade. Criticism of system-level: fears about breakdown of gatt existed for a long time. Also, it was apparent from tokyo round that. Different provincial interests: traditional support in the west + support of qc. Free trade became the pivotal issue of the federal election. Liberals the opposition were themselves divided on the issue, thus mounting a weaker strategy. Tories were seen as successful economic leaders, as their previous election promises were indeed carried out. Drie department of regional industrial expansion was a source of opposition to free-trade. Was to assist industrial sectors in trouble -> foreign competition was the source of trouble.