POLI 243 Chapter Notes - Chapter 22: Office Of The United States Trade Representative, Foreign Investment Review Agency, General Agreement On Tariffs And Trade

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Chapter 22: canada and the free trade agreement with the us. Canada & us explored freer trade on several occasions after 1911. Bilateral agreements 1935, 1938: need to stimulate production and employment. Canada takes the initiative and asks us for trade liberation in 1985. Gatt provided benefits to countries relying on trade. Views of mitchell sharp dominated perspective on trade with us after 1972: vulnerable to threats, see nixon shocks, stressed multilateral trade strategies, lessen economic dependence on us. Foreign investment review agency (fira) monitored and regulated foreign investments entering canada. 1980 national energy program (nep) introduced to promote canadian ownership of energy sector. Canada is also one of the top foreign investors in the. Goals: securing access to us market, open previously blocked parts of us market to canadian exporters, establish special rules for some sectors (agriculture, wine/spirits, energy, autos) First discussion in 1984 aimed at replicating the auto pact in other sectors.

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