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The U.S. - Canada free trade agreement: A model for Finland?

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  • Skolnik, Amy

Abstract

As there are many similarities between Finland and Canada, an analysis of the recently ratified U.S. - Canada Free Trade Agreement may be informative for EC - Finnish relations. While Finland has avoided any commitments on further integration plans, we conclude that this policy cannot continue much longer. Almost every industrialized country is striving to forge trade alliances on either a bi- or a multilateral basis. These countries are fearful of exclusion from significant markets or of falling pray to protectionist policies. By modeling her approach on elements of the U. S. - Canada treaty; Finland should be able to create a beneficial relationship with the EC, without sacrificing her national identity or neutral foreign policy.

Suggested Citation

  • Skolnik, Amy, 1989. "The U.S. - Canada free trade agreement: A model for Finland?," Bank of Finland Research Discussion Papers 05/1989, Bank of Finland.
    • Handle: RePEc:zbw:bofrdp:rdp1989_005
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    References listed on IDEAS

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    1. Koskela, Erkki & Viren, Matti, 1989. "International differences in saving rates and the life cycle hypothesis : A comment," European Economic Review, Elsevier, vol. 33(7), pages 1489-1498, September.
    2. Virén, Matti, 1989. "A note on interest rate policy during the Great Depression," Research Discussion Papers 2/1989, Bank of Finland.
    3. Jane Sneddon Little, 1988. "At stake in the U.S.-Canada free trade agreement: modest gains or a significant setback," New England Economic Review, Federal Reserve Bank of Boston, issue May, pages 3-20.
    4. Carroll, Chris & Summers, Lawrence H., 1987. "Why have private savings rates in the United States and Canada diverged?," Journal of Monetary Economics, Elsevier, vol. 20(2), pages 249-279, September.
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