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Click to edit Master title style,Click to edit Master text styles,Second level,Third level,Fourth level,Fifth level,*,.tell you something about,Canadian Economy,Made by:,Ciara,&,Dora,Canada is the leading industrial nation with highly developed economy.The economy is,influnced,mainly by 3 factors.,C,anadas physical geography,U,S,F,ederal gover,n,ments intervention,industry,N,atural resource,M,anufacturing industry,S,ervice,N,atural resource were,th,e original source of,canadas,wealth and so have played an important role in the countrys development.they tried to change the,strcture,of economy but failed until,the world war,.,When ties with Great,britian,were weakened,and,canadas,economy fell more deeply influenced by US.,Canadian market for goods in some aspects were small and difficult to access,and several years later the Canadian and American government signed a agreement for both benefits.,In the 1980s,free trade agreement have been signed by these two countries.,the Canada-US Free Trade Agreement,Canadians remained worried about the possibility of the,Canadian economy being completely swallowed by the much Stronger American one.,Another thing happened dramaticly.A,lthough Brian Mulroney campaigned on a promise of“no free trade with the US,he quickly took a U-turn to pro-America and signed FTA.,But the idea of a free trade agreement actually made good economic sense for Canadian industry.,The FTA came into effect on 1January 1989,with schedule of removing tariff protection on most items.,For Canada,entering into the FTA meant a new,reduced role in the economy for a government that have been by tradition,very interventionist.,Overall,the FTA has been called an“imperfect”agreement for Canada,and given the dominance and strength of the US,it could hardly be otherwise.,Canada is not alone in carrying the principle of free international trade forward,and many countries are experiencing economic dislocation as a result.,.,or,chat,with him,Rahul,loves,a,good conversation!,
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