Canada and the U.S.: Will they bridge the trade gap?

Article Abstract:

The advantages to Canada of a comprehensive Canadian-U.S. trade agreement are: increasing the number of Canadian jobs, disciplining the economic exchange between the two countries, raising Canada's gross national product, encouraging Canadian firms to invest in Canada, and dismantling the economic barriers between Canadian provinces. However, some Canadians are concerned that such a trade agreement would create greater import competition from the U.S., that the Canadian subsidiaries of American firms would suffer, that jobs in many Canadian industries would be lost, and that Canada's sovereignty in cultural, political and economic sectors would be compromised. Advantages to the U.S. of a trade agreement would be increased exports, more open and secure access to Canadian energy resources, improved investment opportunities, a stronger economic partner for the U.S., and greater security for Canadian branches of U.S. firms.

Canada, Evaluation, Commercial treaties, Trade agreements, International trade regulation

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A field guide to the U.S. budget

Article Abstract:

1986 may be a year of utmost importance in U.S. politics because it is the year in which Americans will have to come to grips with the problems of the economy, as evidenced by the tax reform bill and the Gramm-Rudman bill. The health of the American economy is threatened because increased government spending is not matched by the willingness of the government to increase revenue by raising taxes. Outlawing deficits, the Grace Commission, and the supply side theory tax cut did not manage to reduce the deficit. It is not yet clear what the final tax reform bill will be. However, 48 percent of the budget is exempt from it, meaning that half of the cuts have to come from defense (which is only 28 percent of the budget). The American society is undertaxed, with an approximate 5 percent difference between its bills and its revenues.

Analysis, Reagan, Ronald, Supply-side economics

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A guide to overseas expansion

Article Abstract:

As a result of the cheap labor available abroad, many companies from the U.S. are seeking new outlets of production. The best way to decide on a foreign site is to begin by planning early - from one to two years before the move - according to whether the plant or factory must be built or leased, utilizing external sources of information when necessary, and examining locations in person. Some of the top countries available to foreign investments include: Germany, Switzerland, Scandinavia, and Ireland.

Planning, Foreign investments, International aspects, International business enterprises, Multinational corporations, Executives, Industrial locations, Industrial location

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