Economics, Econometrics and Finance
4 years ago

Canada-US Trade Deal Slashed Tariffs, Boosting Exports and Lowering Prices for Consumers

2 views
RePEc: Research Papers in Economics
The Effect of the Canada-US Free Trade Agreement on Canadian Multilateral Trade Liberalization
Joseph Mai, Andrey Stoyanov

Paper Summary

The Canada-US Free Trade Agreement led to lower Canadian tariffs by 2% between 1989 and 1998. Industries with less US export profit saw bigger tariff cuts. This shows cooperation in trade policies between the US and Canada. The agreement did not increase lobbying for trade policy in Canada.

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