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Post a New Question | Current Questions | Chat With Live Tutors
Posted by Anonymous on Friday, November 6, 2009 at 10:02pm.
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What if Canada and the united states no longer traded goods and services, what do u think wud happen?
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- Extra information - Ms. Sue, Friday, November 6, 2009 at 10:52pm
- Extra information - Reiny, Friday, November 6, 2009 at 11:00pm
Total chaos for both countries.
Just 2 examples:
Canada is the #1 supplier of oil for the US, so what do you think would happen if that supply stopped.
On the other hand, with only 30 million people Canada needs the US to buy many of its manufactured products.
We are each other's largest trading partners and form the largest amount of trade between any two countries.
BTW, I am Canadian
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- Extra information - Ms. Sue, Friday, November 6, 2009 at 11:14pm
The U.S. sells about 20% of its exports to Canada. If this trade was no longer possible, both countries would be devastated.
BTW, I'm a U.S. citizen.
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