Economic Opportunities in Freer U. S. Trade with Canada
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Fredric C. Menz - Editor Sarah A. Stevens - Editor
N/A Hardcover - 206 pages
Release Date: July 1991
ISBN10: 0-7914-0530-3 ISBN13: 978-0-7914-0530-7
Price: $31.95 Paperback - 206 pages
Release Date: July 1991
ISBN10: 0-7914-0531-1 ISBN13: 978-0-7914-0531-4
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Summary
This book provides an overview of the recently implemented Canada-U.S. Free Trade Agreement and highlights its implications for manufacturing, engineering, and technological firms and for service industries. Because the perspective is global as well as regional, the concerns of both multinational and smaller businesses are addressed.
The text focuses on how the economic environment in both countries will change as a result of the agreement, and how businesses should respond to those changes. It also discusses past, present, and future trade relations between Canada and the United States and between North America and Europe.
Contributors to this volume include academic authorities Richard G. Lipsey, Alan M. Rugman, Steven Blank, and Jeffrey J. Schott; Canadian and U.S. Business leaders G. Firman Bentley, Daniel Walsh, and Pierre S. Pettigrew; and government officials Gerald E. Shannon, James Tarrant, Thomas M. T. Niles, and Richard M. McGahey.
Fredric C. Menz is Professor of Economics and Director of the Center for Canadian-U.S. Business Studies at Clarkson University. Sarah A. Stevens is Assistant Professor in the Department of Economics at St. Lawrence University.
Table of Contents
Figures and Tables
Preface and Acknowledgments
Foreword: Thoughts on the CanadaU.S. Free Trade Agreement Richard G. Lipsey
Editors' Introduction: The CanadaU.S. Free Trade Agreement in Context Fredric C. Menz and Sarah A. Stevens
Part I: Overview of Economic Opportunities: Global Impact
1. Overview and Highlights of the Free Trade Agreement James R. Tarrant
2. Adjustments by Multinational Firms to Free Trade Alan M. Rugman
3. The Implications of Freer Trade in Services Jeffrey J. Schott
4. Perspective of a Multinational Firm G. Firman Bentley
5. The Interrelationship of Canada, the United States,and the European Economic Community Thomas A. Cronin Part II: Trade and Economic Opportunities in the St. Lawrence River Basin Region
6. Perspective of the New York State Business Council Daniel B. Walsh
7. Trade and Investment Flows in New York State: Effects of the Free Trade Agreement Prem Gandhi
8. Effects of Freer Trade on New York State: Economic Impact and Policy Considerations Richard M. McGahey and Jonathan P. Doh Part III: Business Strategies in a Changing Economic Environment
9. Free Trade: A Challenge for Canada's Industrial Heartland Pierre S. Pettigrew
10. Perspectives of Multinational Business Firms Raymond D. Gladu, J. A. Craig, and John T. McLennan
11. The Economic Climate for Canadian Investment Arpad Abonyi
12. Canadian Business Expansion and U.S. Immigration Laws Gordon W. Sacks Part IV: Prospects for the Future
13. Concluding Observations Stephen Blank
14. Looking Ahead Gerald E. Shannon
Postscript
Appendix: Remarks of Other Distinguished Speakers
Richard H. Gallagher Thomas M. T. Niles George H. Musgrove John M. Endries Frank A. Augsbury, Jr. H. Graham Jones Stan Lundine George M. Brown Humphrey Tonkin