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Canada: A Macroeconomic Study of the United States' Most Important Trade Partner
- 英文名称:
- Canada: A Macroeconomic Study of the United States' Most Important Trade Partner
- 作者:
- Paul Sundell; Mathew Shane
- 工作单位:
- USDA's Economic Research Service
- 关键词:
- U.S.-Canadian trade; capital flows; capital structure; real trade-weighted exchange rate; labor productivity; multifactor productivity; long-term growth outlook;
- 年份:
- 2006
- 出版地:
- Washington, DC, USA
- 总页数:
- 36 pp
- 语种:
- English
- 摘要:
- Canada has become the United States' most important trading partner. Canada is a large exporter to the United States of critical raw materials-including natural gas, petroleum, and wood products-and a substantial importer of finished industrial and consumer goods. Canada's agricultural trade continues to grow in importance reflecting trade liberalization and greater integration of agricultural markets. The trade outlook is enhanced by Canada's prospects for long-term economic growth of about 3 percent per year, which is underpinned by expected moderate growth in working-age population and labor productivity.
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