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The Free Trade agreement is huge to Canada because 20 per cent of Canada's GDP comes from exports to the United States. This agreement eliminated "all trade restrictions such as tariffs, quotas, and non tariff barriers." The Canadian economy gains access to the U.S economy that is ten times its size. While the U.S economy will gain the lower-priced Canadian goods.
These two agreements show how much the Canadian economy relies on the United States economy and threw these two agreements the Canadian producers can export and import U.S goods easily and at an affordable and profitable price. In this paper I will show you how the FTA and the NAFTA help the Canadian economy export and import into the U...
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