POLS 2080 Lecture 7: POLS 2080 October 1st
24 Jan 2019
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Lots of trade negotiations has faltered because of this: many smaller free trade agreements has higher rate of success, ex. Eu- allows them to sell products within the eu without any tariffs, or extra taxes or duties. Ceta- agreement between canada and the eu in 2017, now going through the last few hurdles in courts. Supposed to reduce 98% of tariffs between the eu and canada: trend of fta is good and still popular today- but lots of people don"t want free trade of people around borders. Capitalist society requires people as well as goods traded between eachother: nafta, now changed to usmca us mexico and canada agreement, still needs to be ratified, etc but will replace nafta. Because we"ve been in the last year a reversal of the typical trends slowly turning away of the globalization trend that weve seen. Not the poor nations, but the rich ones that started it in the 1st place: ex.
