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Canada and the United States signed the Automotive Products Trade Agreement (Auto Pact) in 1965, thus resolving a competitive crisis in Canada's auto industry and extending that industry's vitality for another 35 years, until a decision of the World Trade Organization (WTO) in February 2000 determined that the Pact violated international trading rules. Following an unsuccessful appeal by Canada to the WTO's Appellate Body, the pact formally came to an end in February 2001. For policymakers and scholars concerned with international trade, the story of the Pact presents a fascinating case in its own right. The great value of this remarkable book, however, is its elucidation of the main issue u...
The 1965 Canada-United States Automotive Trade agreement fundamentally reshaped relations between the automotive business and the state in both countries and represented a significant step toward the creation of an integrated North American economy. Breaking from previous conceptions of the agreement as solely a product of intergovernmental negotiation, Dimitry Anastakis's Auto Pact argues that the 'big three' auto companies played a pivotal role - and benefited immensely - in the creation and implementation of this new automotive regime. With the border effectively erased by the agreement, the pact transformed these giant enterprises into truly global corporations. Drawing from newly releas...
The papers in this collection provide important new material on this industry in crisis which is critical to the economies of the U.S., Canada and Mexico. The authors examine major changes in the industry, and how government policies in the three countries have promoted, protected and shaped it.
Examines negotiation of the North American Free Trade Agreement. Analyses issues involved and provides policy recommendations through study of the potential impact and critical factors concerning trade, investment, labour, the environment, and intellectual property. Also covers the impact upon and adjustments required in major industrial sectors - energy, steel, automobiles, textiles and apparel, agriculture, and the financial system.
Critics of the World Trade Organization argue that its binding dispute settlement process imposes a neoliberal agenda on member states. If this is the case, why would any nation agree to participate? Jacqueline Krikorian explores this question by examining the impact of the WTO’s dispute settlement mechanism on domestic policies in the United States and Canada. She demonstrates that the WTO’s ability to influence domestic arrangements has been constrained by three factors: judicial deference, institutional arrangements, and strategic decision making by political elites in Ottawa and Washington. By bringing the insights of law and politics scholarship to bear on a subject matter traditionally addressed by international relations scholars, Krikorian shows that the classic division in political science between these two fields of study, though suitable in the postwar era, is outdated in the context of a globalized world.
Canada has always been a trading nation. From the early days of fur and fish to the present, when a remarkable 90 percent of the gross national product is attributable to exports and imports, Canadians have relied on international trade to bolster their economy. A Trading Nation, a brilliantly crafted overview and analysis of the historical foundations of modern Canadian trade policy, is the first survey to address the history of Canadian commercial policy in over 50 years. Michael Hart skillfully guides readers through more than three centuries of Canadian trade history. His engaging narrative explains how Canadians have largely come to accept that a country that derives much of its wealth from international commerce has much to gain from an open, well-ordered international economy. Close attention to trade and related economic policy choices, he argues, is crucial if Canada intends to adapt to the challenges of the new globalized economy.
Trade-Offs: The History of Canada-U.S. Trade Negotiations was the subject of the Canadian Business History Association's annual conference held in November 2018. The conference discussed the history of Canada's efforts in negotiating past trade agreements with the United States, including the Reciprocity Agreement of 1854, the AutoPact (1965), the Free Trade Agreement (1987), the North American Free Trade Agreement (1994), and the most recent United States Mexico Canada Agreement (2018). A critical assessment is provided through twelve presentations which are intended to be the basis of broad guidelines around future trade negotiation efforts.
Acquaints people with the opportunities available in Canada free trade
Autonomous State provides the first detailed examination of the Canadian auto industry, the country’s most important economic sector, in the post-war period. In this engrossing book, Dimitry Anastakis chronicles the industry’s evolution from the 1973 OPEC embargo to the 1989 Canada–US Free Trade Agreement and looks at its effects on public policy, diplomacy, business enterprise, workers, consumers, and firms. Using an immense array of archival sources, and interviews with some of the key actors in the events, Anastakis examines a fascinating array of topics in recent auto industry and Canadian business and economic history: the impact of new safety, emissions, and fuel economy regulati...
The seven contributions in this book examine the potential impact of a North American Free Trade Agreement (NAFTA) with Mexico on the U.S. economy. They cover such key aspects as the general sources of comparative advantage between Mexico and the U.S., regional and local effects on production and employment, and the effect on production in particular industries. The authors start from the premise that the trade agreement will have a small impact on the overall U.S. gross national product because the U.S. economy is large compared to that of Mexico and because there is already much unrestricted trade between the two countries. Several chapters consider how some sources of comparative advantag...