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A joint conference was held in Washington in January, 1988, to assess the major features of the agreement. This volume includes the papers prepared for that conference, and the remarks of discussants on each paper. Includes a US and Canadian perspective, dispute resolution mechanisms, the auto sector, implications of the energy provisions, services and investment, implications for the Uruguay round, and the political perspectives from a Canadian government minister and a US administration representative.
On 2 January 1988, Canada and the United States signed what was then the most comprehensive free trade agreeement the world had ever seen. This book is the story of those FTA negotiations, the preparations for and conduct of the negotiations, as well as the ideas and issues behind them. From their unique perspective as participants, Michael Hart, Bill Dymond, and Colin Robertson capture the drama and the personalities involved in the long struggle to make a free trade deal. They describe the extensive consultations, the turf-fighting among insiders, the innate caution of both politicians and bureaucrats, and the need to cultivate powerful constituencies in order to overcome the inertia of conventional wisdom.
This book provides an in-depth analysis of "Mega-Regionals", the new generation of trans-regional free-trade agreements (FTAs) currently under negotiation, and their effect on the future of international economic law. The main focus centres on the EU-US Transatlantic Trade and Investment Partnership (TTIP), the Trans-Pacific Partnership (TPP) and the EU-Canada Comprehensive Economic and Trade Agreement (CETA), but the findings are also applicable to similar agreements under negotiation, such as the Regional Comprehensive Economic Partnership (RCEP).The specific features of Mega-Regional Trade Agreements raise a number of issues with respect to their potential effect on the current system of international trade and investment law. These include the consequences of Mega-Regionals for the most-favoured-nation (MFN) principle, their relation to the multilateral system of the World Trade Organization (WTO), their democratic legitimacy and their interaction with existing bilateral investment treaties (BITs).The book is intended for academics and practitioners working in the field of international economic law.
Acknowledgements Introduction Duncan Cameron Section 1: An Overview 1. Constitutionalizing the Canadian-American Relationship Stephen Clarkson 2. Continental Corporate Economics Bruce
The implementation of the proposed agreement would remove many of the remaining barriers to commerce between Canada and the US, but there remain many details of the proposed Agreement and many potential consequences uncertain. This volume contains the proceedings of a conference that sought to provide a neutral forum to assess the implications for Canada. Analyses the elements of the Agreement, and the regional, sectoral and labour market adjustment issues and broader concerns with respect to cultural, economic and political sovereignty.
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.