Can Canada Trade Off With China – Or Worse?

If you want to make the big bucks and have the opportunity to change your life forever, then Trading Nation may be just what you are looking for. A trading nation is where international trade constitutes a high percentage of its gross domestic product. For example, if you were to calculate the GDP of each of the 50 countries in the world today, you would find that Canada comes out at number one and that the United States comes in at number forty-one. This is not a surprising statistic since Canada and the United States are both very highly protected from foreign competition. They are also both technologically advanced civilizations with the highest levels of Internet connectivity in the world.

Trading Nation

While these two nations do have similar interests, the differences between them become more noticeable when you examine the way they operate their international trade. Whereas the United States has been successful at keeping its goods priced competitively so that domestic consumers can buy without excessive amounts of offshore competition (by allowing its manufactures to export jobs and services to low cost zones in other countries), Canada has experienced an almost fatal problem with its forestry sector. The recent collapse of the softwood lumber industry in Canada has been a major cause of the decoupling of the Canadian dollar from the U.S. dollar, which means that when you hear the word “canada” you often think of “exporting jobs” rather than ” exports.” However, with such a close tie between Canada and the United States, can we really blame Globalist for the problems it has created?

Globalist believes that the primary reason why Canada is not doing as well as the U.S. at helping keep global trade prices high is because it does not have a central planning agency that can set the rules for trading, which keeps the country from trying to intervene to help industries such as the mining industry get the market pricing they deserve. Because of this, they say that by promoting more “diverting” economy of the developing nations, Canada is in fact acting as a dumping country, because it allows other countries to sell to us lower than market price because they feel that we are dumping on them. This theory seems sound, but it also ignores the fact that the vast majority of North American commodities go to, and are purchased by the Europeans, not the Asians. I guess in the end, it’s all about trading nationhood, isn’t it?