Canada This Report Will Identify Term Paper

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But NAFTA presents far more opportunities than weaknesses. This can be demonstrated by the fact that the Canadian textile industry has flourished though NAFTA and the positive exposure that industry has received has translated into new lateral agreements with Japan, Hong Kong and China, Chile and other nations seeking high quality textile, clothing and shoe imports. Although recent scares with mad cow disease have curbed some cattle exports, overall the cattle industry in Canada is robust and appears to have a solid future exporting to Mexico through NAFTA who in turn would export to nations' they have free trade agreements with like Japan. The opportunities provided by free trade tariff protection will continue to help Canada export food products, textiles, clothing and footwear throughout the world.

The liberal import export mentality has created some threat like scenarios. For example, NAFTA has opened the Canadian boarders for not only products, but also for business people and employees. These new liberal boarder policies have shown to be overly tempting for the likes of criminals and terrorists attempting to maneuver their way into or even out of the United States.

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In addition, although this report has focused mainly on Canadian exports, the nation has been forced to consider stricter import controls in order to help protect the nation's citizens' health as well as the safety of the pristine environment because many nations like the United States and China have proposed new oil exploration options throughout the Canadian frontier.

In conclusion, this report identified and explained some of Canada's strengths, weaknesses, opportunities and threats as a trading nation in the current global marketplace. Canadian trade policies are a major influence on the nation's recent successful economic performance. One key to Canada's economic success was the fact that they combined forces with the United States and Mexico in the North American Free Trade Agreement. Although NAFTA has made Canada overly dependent on a few nations, they have tried to expand their partnerships in order to diversify. But NAFTA offers more opportunities than negatives. Simply put, Canada continues to be an international trading force and it is quite clear that the partnership between the North American neighbors is and will continue to help those nations succeed......

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