The United States and Canada : the quest for free trade : an examination of selected issues

Bibliographic Information

The United States and Canada : the quest for free trade : an examination of selected issues

Paul Wonnacott ; with an appendix by John Williamson

(Policy analyses in international economics, 16)

Institute for International Economics, 1987

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Note

Bibliography: p. 147-151

Description and Table of Contents

Description

Canada is the largest trading partner of the United States, and the two governments have begun negotiations for a free trade agreement which would tie their relationship even closer. This study analyzes the difficult problems that must be addressed in the negotiations - including quite different perceptions in the two countries of what constitutes fair trade. It suggests several possible ways of reducing differences over subsidies and countervailing duties. It also addresses the exchange rate relationship between the two dollars, and how this affects the trade outlook.An appendix by John Williamson calculated a fundamental equilibrium exhange rate for the Canadian dollar.

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