Bilateral Trade Relationship Between The United States And Canada: Implications Of The Free Trade Agreement
This study's primary objective is to evaluate empirically the economic effects of the U.S.-Canada Free Trade Agreement (FTA). The paper emphasizes bilateral trade flows of agricultural and industrial products between the United States and Canada, given that the FTA removes tariff and non-tariff barriers. It evaluates the FTA's impact on the two countries' trade with third countries. The paper specifies a traditional log-linear trade model consisting of import demand and export supply equations for both agricultural and industrial products. It uses quarterly time-series U.S. and Canadian trade data for 1972-1985. Copyright 1991 Western Economic Association International.
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Volume (Year): 9 (1991)
Issue (Month): 4 (October)
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