North American (Free) Trade Agreement - 6CR #7

The NAFTA negotiations have brought uncertainty. Darnell & Joel discuss the fundamentals of trade and the implications of free trade. 

Detailed Summary of Original NAFTA 

Reference Articles:

Canada's 10 NAFTA demands

CBC advertising advantage - "CBC/Radio-Canada unfairly competes with struggling private media in a shrinking advertisement market"

Wikipedia Explanations of Economic Principles discussed:

Comparative Advantage - David Ricardo

"Economic Nationalism" i.e. Mercantilism

David Hume's argument - "Price–specie Flow Mechanism"

Thorough Explanations of Economic Principles discussed:

Comparative Advantage

Mercantilism

David Hume and The Theory of Money

How Government Intervenes in the Market 

"What is Crony Capitalism?"

"Dairy Board"

"Agricultural Board"

Lack of free trade between provinces

Bonus video

Who is responsible for the horrible experience when ordering online from the US?

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