Question: Using no more than 200 words , react to the following report: According to an RBC report, Canada is a trading nation, with exports a
Using no more than 200 words, react to the following report:
According to an RBC report, Canada is a trading nation, with exports a critical part of its economic strategy. But trade has not been a significant source of economic growth for many years, as its contributions were gradually overshadowed by consumer spending and residential investment. Over the last 20 years, exports have risen at just half the pace of the overall economy. And despite trade agreements offering some of the best market access in the world, the U.S. remains the destination for three-quarters of Canadas goods exportsabout the same as 30 years ago. What do you think Canada should do to secure its place in the changing global landscape of international trade?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
