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加拿大政治论文Is Canada too economically dependent on the United States? What are the potential consequences of this? What are the potential alternatives?

论文作者:www.51lunwen.org论文属性:课程作业 Coursework登出时间:2013-08-17编辑:tinkle点击率:3154

论文字数:828论文编号:org201308161203529297语种:英语 English地区:加拿大价格:免费论文

关键词:加拿大政治论文加拿大论文potential alternatives

摘要:加拿大政治论文Is Canada too economically dependent on the United States? What are the potential consequences of this? What are the potential alternatives?是加拿大经济上过于依赖美国吗?这种潜在的后果是什么?潜在的替代方案是什么?

论文题目:加拿大政治论文Is Canada too economically dependent on the United States? What are the potential consequences of this? What are the potential alternatives?

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加拿大政治论文Is Canada too economically dependent on the United States? What are the potential consequences of this? What are the potential alternatives?


It can be found through relevant data that Canada is really too economically dependent on the United States. After entering into NAFTA, the economic link between Canada and the United States has been enhanced. Canadian exports to the United States increase yearly. Canada is an industrialized country with extensive resources, the main features of its economy is highly dependent on external demand, especially the demand for import from the United States. Most of Canadian coal, oil, natural gas, gold, copper, nickel, lead and uranium and agricultural products are exported to the United States, it also exports car and residential facilities to the U.S. (Fry, 2009). Canada's exports to the U.S. account for more than 80% of its total exports, and the U.S. is the largest investor of Canada, 80% of foreign direct investment in Canada is from the United States. For example, America's largest car manufacturer has set up factories in Canada, it acquires huge profit and create a lot of employment opportunities for Canada at the same time. Thus, demand and investment in the United States play a key role in Canadian economy, Canada’s economic dependence on America is very obvious (Fry, 2009). The high degree of economic integration between the United States and Canada is also reflected in the high degree of integration of their financial markets. Canada's foreign investment is mainly concentrated in the United States, in addition to direct investment, Canadian investors hold a large number of stocks and bonds of American companies. At the same time, investors in U.S. also largely hold Canadian stocks and bonds (Fergusson, 2011).
The potential consequences of Canada’s excessive economic dependence on the United States is that Canadian economy is largely affected by American economy, Canadian economy expands or contracts as American economic expands or contracts. For example, in the second half of 2007, the real estate bubble in the U.S. burst and caused the subprime mortgage crisis, which made American economy slowed sharply, Canadian real estate market weakened along with the situation in the U.S. There was a sharp decline in exports to the United States, Canadian car exports fell 7% for two consecutive quarters, reaching the record since 1997 (Fry, 2009; Fergusson, 2011).
To get rid of excessive economic dependence on the United States, Canada can deal with from two aspects. First of all, it should strengthen links with the rest of the world economic entities. Canada's economy is different from American economy. It can not compare with the U.S. in both scale and the economic structure. More importantly, Canadian economy relies on the export of primary products. Therefore, after 2007, Canada's economic performance depends largely on the extent of the slowdown in economic growth of China and emerging market countries and Europe. If there are less changes i论文英语论文网提供整理,提供论文代写英语论文代写代写论文代写英语论文代写留学生论文代写英文论文留学生论文代写相关核心关键词搜索。

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