Some trade creation was expected to occur as a result of the U.S.-Canada free-trade agreement, since Canadian exports to the United States and U.S. exports to Canada were expected to expand at the expense of imports from Germany and Japan that faced trade restrictions.
举一反三
- Assume that the United States and Canada engage in trade. If the international terms of trade coincides with the Canadian cost ratio, the United States realizes all of the gains from trade with Canada.
- The North American Free Trade Agreement includes ________.A) Mexico, Canada, and the United StatesB) Canada, Mexico, and Costa RicaC) the United States, Canada, and HondurasD) Columbia, Mexico, and the United Sates A: Mexico, Canada, and the United States B: Canada, Mexico, and Costa Rica C: the United States, Canada, and Honduras D: Columbia, Mexico, and the United Sates
- The United States, Canada, and Mexico are parties to the North American Free Trade Association.
- •(1) If the country’s imports were more than exports, the country would have a trade surplus.
- In world economy， the G7 refers to those seven countries with the world's largest developed economies — France， Germany， Italy， Japan， the United States， the United Kingdom， and Canada， — all of which are trade powers of the world.。（ ）