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This volume brings together leading academic experts from the U.S. and Canada to explore the crucial economic relationship between their two countrieseach of whom is the other's largest trading partner. The essays, all specially written for this study, provide an integrated, balanced examination of the strengths and weaknesses inherent in the relationship and discuss reasons for the increasing difficulties experienced in the past few years. An indispensable supplement for courses in international business and regional economics, the study will also provide economists, political scientists, and environmentalists with important new insights into this most critical relationship.
Following an overview of the economic structure of the two nations, the contributors focus upon three general areas of Canadian-American economic relations. The section on natural resources and related issues presents an up-to-date view of energy and environmental considerations and explores shared problems of agricultural competitiveness. Turning to a discussion of trade issues, the contributors analyze the effects of the October 1987 accord, address the impact of the U.S. balance of payments position on Canadian economics, and examine ways in which each country can expand its international trade. Finally, a group of essays on taxes, financial markets, and bilateral investment offers an in-depth treatment of issues such as U.S. direct investment in Canadian manufacturing, the development of an integrated North American venture capital market, and investment patters. Numerous tables and figures amplify the discussions.
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|Product dimensions:||6.14(w) x 9.21(h) x 0.63(d)|
About the Author
DAVID L. MCKEE is Professor of Economics at Kent State University. Dr. McKee is a specialist in regional economics and economic development. His research on those subjects has been widely published in professional journals in the United States and abroad.
Table of Contents
A Preliminary Overview by David L. McKee
Continental Restructuring: U.S.-Canadian Comparisons by R.D. Norton
Natural Resources and Related Issues
Canada/U.S.: Cost Competitiveness in Agricultural Commodities by Norman Rask and Gerald F. Ortmann
Energy Trade Shocks: The Impact on Canadian Economic Activity by Robert N. McRae
The Canada-U.S. Resource Connection: Minerals, Forest Products, Fish, and Water by Frank W. Millerd
Some Perspectives on Trade
Canada and the U.S. Balance of Payments Position by Donald J. Daly
The Canada-U.S. Free Trade Negotiations: An Assessment by Bruce W. Wilkinson
Expanding Both Canadian and U.S. Trade by Warren J. Bilkey
Taxes, Financial Markets, and Bilateral Investment
The Impacts of Tax and Tariff Reform on U.S. Direct Investment in Canadian Manufacturing by Lorraine Eden
The Development of an Integrated North American Venture Capital Market by David J. Brophy
The Patterns of Bilateral Foreign Direct Investment by Alan M. Rugman
Canada-U.S. Trade: A Business Perspective by Stephen N. Bowen
Some General Policy Reflections by David L. McKee