Canada's Foreign Trade


Canada depends heavily on trade to and from other countries. Trade has been under scrutiny within Canada because of the issue of human rights. Many people believe that trade and investment should be abolished with countries which ignore the basic human rights of democratic countries. Contrary to that belief, others feel that because Canada depends upon foreign investment/trade so much that the wrongs of that country's government are "canceled-out" by the good it does for Canada. Regardless of the issue of human rights, Canada still relies on trade and foreign investment to supply Canadians with the standard of living that they have been enjoying for years.
Canada has been trading with ...

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China, not only would Canada lose a large portion of revenue generated from that trade, but also many Chinese people would starve, as China does not have the means to produce enough food for its peoples. Advocates for trade with all countries, regardless of a country's human rights issues, argue that trade sanctions do not harm the government in charge, but rather harm the people who live under that governments rule. Canada's economy and well being depends on trade and if trade must be done with a country that violates human rights, it is still for Canada's benefit and the people of that country's benefit to continue that trade.
Even though Canada depends heavily on foreign trade, opponents to trade with countries that have little or no human rights guaranteed to their people (i.e. China and Cuba) feel that all trade with those types of countries should be eliminated. It is believed by these opponents that trade with "bad" countries only help those governments to continue their ...

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Canada's Foreign Trade. (2004, October 25). Retrieved July 21, 2018, from http://www.essayworld.com/essays/Canadas-Foreign-Trade/16485
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"Canada's Foreign Trade." Essayworld.com. October 25, 2004. Accessed July 21, 2018. http://www.essayworld.com/essays/Canadas-Foreign-Trade/16485.
"Canada's Foreign Trade." Essayworld.com. October 25, 2004. Accessed July 21, 2018. http://www.essayworld.com/essays/Canadas-Foreign-Trade/16485.
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PAPER DETAILS
Added: 10/25/2004 11:19:40 PM
Category: Economics
Type: Premium Paper
Words: 785
Pages: 3

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