Globalization,_NAFTA_And_Its_Effect_On_Canada

Globalization, NAFTA And Its Effect On Canada The coming together of nation, cultures, and economies is a global phenomenon known as globalization. Over the past decades nations have developed interdependences with one another in areas such as capital equipment, natural resources and labour. Globalization allows nations to have access to a wider range of goods and services. This ideology of interdependency may appear to be the perfect solution to wide global issues, however globalization may pose many debates such as supporting child labour, declines in home country production and wide spread Americanization. Critical pushes towards globalization are the many implementations of free trade agreements such as WTO, FTA and NAFTA. Canada’s role with globalization began with the FTA (free trade among the Americas), then later evolved to NAFTA (North American Free Trade Agreement). Goals of NAFTA were such that trade barriers were to be eliminated and the elimination of tariff over a 10 year period. NAFTA certainly gave a push towards globalization where nations share resources where barriers to trade are eliminated. NAFTA has been very successful in stimulating trade in Canada where over the past years where there was always a favorable balance of trade. With the implementation of NAFTA free trade seems to be trade, canada’s, states, free, united, social, nafta, globalization, canada, production, market, lumber, over, jobs, economy, canadian, billion, tariff, percent, neo-liberal, government, years, through, softwood, resources, past, one, nations, losses, exports, economic, agreement, role, increased, dollars