Building A Bridge for Free Trade

Congress and Canada's Parliament wrestle over the blueprints

Not since the development of the St. Lawrence Seaway opened the Great Lakes to international commerce in 1959 has a cooperative venture held more promise for North America. The Free Trade Agreement signed by President Reagan and Canadian Prime Minister Brian Mulroney last January is designed to create, by 1999, a vast open market, stretching over 7 million sq. mi. and covering more than 230 million consumers. All tariffs and most other restrictions on the flow of goods and services between the U.S. and Canada, its largest economic partner (1987 trade: $160 billion), are to begin disappearing next January. To create...

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