The role of trade agreement for Canada is highly acknowledged by the government owing to the fact that the establishment of the new contacts with other countries provides a market access for Canadian commodities and services. Therefore, the problem of importance of the trade treaties for the country is on the agenda since the rapid development of the international market gives greater possibility for the improvement of Canadian economic structure and advances it at the upper level.
Based on the above, the issue should be of considerable importance for the political parties, and for the state government since the broadening of contacts fosters the import and export trade and provides significant opportunities for an independent exchange of goods. In this respect, a special consideration requires the Free Trade Agreement between Canada (FTA) and the United States (Schott, 1). The outcome of the agreement was quite rather positive since it served as the basis for further multilateral agreements.
First of all, it is important to study the agreement already concluded in Canada and to define the major objective and purposes of the of them. It will help to analyze their actual significance and to conclude how they influence the political and economic life of the country. Then, it is necessary to compare the content of agreements and find the reasons for concluding the research thus classifying agreements according to the goals.
The research includes different approaches such as analysis of the agreement and its impact pertaining to the current economic situation in Canada; descriptive approach that implies the consideration of the major agreements concluded and the potential agreements to be concluded in future; the method of synthesis that presupposes comparison and contrast of trade treaties in relation to the corresponding outcome.
Further, the goal of the research is to enlarge on the plans of Canadian government in terms of the improvement of trade relationships with other countries. Regarding that, it is obligatory to examine their how the market possibility will be improved by the introduction of broader international relations. To carry out a successful research, it is necessary to apply the veritable sources that would help to analyze the core problem.
Thus the book by Schott The Canada-United States Free Trade Agreement: the global impact gives a detailed information about the scope of the treaty and its consequences. It also provides with the factors that influence the economic domain and market segmentation in Canada.
The article by Jeffrey Lantis informs about the legal issues of the Free Trade Agreement and studies the roles of the ratification processes in terms of agreement. The article is useful for the analysis of the core problems that arose while concluding the agreement the actual assessment of this process as far the international ratification is concerned.
It goes without saying that the historic background of trade processes in Canada is also worth consideration (Menz, 19). In this case, the book Economic opportunities in freer U.S. trade with Canada is a perfect guide to the history of the trade processes taking place in the country. In the book, the author researches the basis and the course of development of Canadian market and the way it affected the future treaties with the United States.
Finally, it is also necessary to consider the negative side of trade agreements for Canada. The paper Is There a Democratic Deficit in the Free Trade Agreements? is exactly about that. It contains consistent information concerning the validity of democratic policy in concluding free trade agreements.
Reference
Lantis, Jeffrey S. 2005. Leadership Matters: International Treaty Ratification in Canada and the United States. American Review of Canadian Studies 35, no. 3: 383+
Menz, Frederic C., Stevens, Sara A., Clarkson University. 1991. Economic opportunities in freer U.S. trade with Canada US: SUNY Press.
Schott, Jeffrey J. Smith, Gordon. 1988. The Canada-United States Free Trade Agreement: the global impact. US: IRPP.
Warner, Mildred, and Jennifer Gerbasi. 2004. Is There a Democratic Deficit in the Free Trade Agreements? What Local Governments Should Know. Public Management.