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FREE TRADE, NATIONALISM, AND THE COMMON MAN: THE FREE TRADE AGREEMENT BETWEEN CANADA AND THE UNITED STATES
Author(s) -
EASTON STEPHEN T.
Publication year - 1989
Publication title -
contemporary economic policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.454
H-Index - 49
eISSN - 1465-7287
pISSN - 1074-3529
DOI - 10.1111/j.1465-7287.1989.tb00569.x
Subject(s) - free trade agreement , economics , international economics , free trade , agreement , nationalism , international trade , international free trade agreement , trade barrier , political science , law , politics , linguistics , philosophy
This paper discusses the forces that have been at play in the debate over the recently concluded Canada‐U.S. Free Trade Agreement. Most economists agree that free trade is desirable and that both parties likely will gain from specialization and exchange. But many objections to this agreement have been raised, some of which are very different from those that economists usually consider. A review of the agreement and many of the arguments raised against it reinforces the basic credo that freer exchange between consenting parties leads to improved economic well‐being.