U.S.-Canada Free Trade Agreement

U.S.-Canada Free Trade Agreement

A treaty between the United States and Canada that went into effect in 1988 and in which each country pledged to reduce their tariffs over a period of 10 years. It also eased the conditions under which cross-border investment could occur. The agreement greatly increased international trade between Canada and the U.S. NAFTA superseded it in 1994.
References in periodicals archive ?
Introduction Market Opening Prior to NAFTA The U.S.-Canada Free Trade Agreement of 1989 Mexico's Pre-NAFTA Trade Liberalization Efforts Overview of NAFTA Provisions Removal of Trade Barriers Services Trade Liberalization Other Provisions NAFTA Side Agreements on Labor and the Environment Trade Trends and Economic Effects U.S.
unions to publicly support a free trade agreement since the U.S.-Canada free trade agreement of 1988.
29, 2009) (listing the fifteen agreements, including the U.S.-Canada Free Trade Agreement and the three FTAs with Colombia, Korea, and Panama, which have not yet received governmental approval).
During the same period as the GATT Uruguay Round negotiations, the Reagan administration also proposed negotiating new regional "free trade agreements." A U.S.-Canada Free Trade Agreement was launched in 1988 and was replaced by the North American Free Trade Agreement (NAFTA) in 1994.
During the Reagan Administration, she was on the team that negotiated NAFTA, the U.S.-Canada Free Trade Agreement, and the Uruguay Round of the General Agreement on Trade and Tariffs (GATT), which eventually led to the creation of the World Trade Organization.
Whereas the U.S.-Canada Free Trade Agreement sailed through the U.S.
wine industry relied on the domestic market for 99% of its sales until 1988, when the U.S.-Canada Free Trade Agreement was announced.
The United States and Canada have had a relatively free flow of cross-border trucking for years, which can largely be attributed to the pre-NAFTA U.S.-Canada Free Trade Agreement. But Mexico has been a different story.
Markusen served as a researcher and advisor during the mid-1980s for the McDonald Royal Commission in Canada, which laid the foundation for the U.S.-Canada free trade agreement. In the early 1990s, he worked with Mexican economists on the North American auto industry, attempting to estimate the effects of the (then) proposed North America free trade area (NAFTA) on the location of production and employment within North America.
Most of the trade restrictions between Canada and the United States had already been reduced or eliminated under the U.S.-Canada Free Trade Agreement of 1989.
Domestic airline deregulation (1987), the privatization of Air Canada (1988), the U.S.-Canada Free Trade Agreement (1988), the North American Free Trade Agreement (1994), and the signing of a new bilateral air services agreement between Canada and the U.S.
Certainly, the U.S.-Canada Free Trade Agreement that began in 1989 helped to spur U.S.