Over the twelve years Canada's trade sector has grew steadily, now 40% of Canada's export is its Gross Domestic Product. ... NAFTA has stimulated this trade war between Canada and the United States since the idea of free trade meant losses in the U.S lumber industry so tariffs were imposed that went against the objective of the trade agreement. ... In 2001, United States investments in Canada were a staggering 215 billion dollars Canadian; an increase of 150 percent and Canadian investment to the United States was 200 billion dollars. ... In general production in Canada increased, c...

• Word Count: 1385
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate

Others, however, believe that internationalism is a horrible thing because it destroys many communities and provokes many wars between nation-states. ... Many countries like Canada, or the US embraced free trade and benefited tremendously. ... The United Nations (UN) was created after the second world war to insure global security which is one of the most important human needs. ...

• Word Count: 711
• Approx Pages: 3
• Grade Level: Undergraduate

This will decrease conflicts and war that occur due to territorial issues. ... There are many wars that happen due to territorial issues (Frieden, Lake, Schultz, 2014). ... When nations decide to disregard boundaries drawn by history, culture, language, and religion, there will not be unnecessary tension and war. ...

• Word Count: 3315
• Approx Pages: 13
• Grade Level: Undergraduate

Furthermore, bilateral agreements often risk leading to trade wars, which disrupt normal trading relations. ... When the United States and the United Kingdom imposed trade barriers in the early 1930s in response to the economic recession that soon became the Great Depression, they made it harder for other countries to resist also going down that path, by either provoking retaliation, which Canada did to the United States, or setting an example that affects the political economy of tariffs in other countries. ...

• Word Count: 1960
• Approx Pages: 8
• Grade Level: Undergraduate

This was brought to a halt by the First World War and the bout of anti-free trade protectionism that led to the Great Depression in 1930. ... The end of the Second World War brought another great expansion of capitalism with the development of multinational companies interested in producing and selling in the domestic markets of nations around the world. ... The fall of the Berlin Wall and the collapse of the Soviet Union ended the cold war between the forces of capitalism and socialism with capitalism triumphant. ... The International Monetary Fund (IMF) was established in the wake of the Wor...

• Word Count: 9131
• Approx Pages: 37
• Grade Level: Undergraduate