POLI 243 Midterm: Second Midterm Notes
Document Summary
Protective tariffs: protect the industrialists and major industry in ontario. Infrastructure development: strengthen the farmers out west with creation of canadian. Immigration and settlement of western provinces: grow domestic population to increase demand as well as, elements working in conjunction production capabilities. Tariffs protect east while immigration develops gross domestic demand while infrastructure strengthens cross-transportation. Net emigration of population highlights failure. and lower supply: system level analysis: limited choices, because canada is tied to the us, american policies constrain available, with rejection of trade by us senate, canada faced two options: Remain open while the states closed trade. Retaliate by closing trade as well tariff war: breakdown of international free trade happened in the same manner as its development ad hoc and without clear structural implementation. 2: a few countries like britain chose to remain open due to nature of its economy. Developed as the trading powerhouse between former colonies and the rest of the world.
