A Free Trade Association |
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Page 41
... COMMONWEALTH In the Commonwealth , too , as in the related role of ster- ling , Britain has a function of global importance which could be reexamined and perhaps rejuvenated . Although the Commonwealth no longer is an intimate club of ...
... COMMONWEALTH In the Commonwealth , too , as in the related role of ster- ling , Britain has a function of global importance which could be reexamined and perhaps rejuvenated . Although the Commonwealth no longer is an intimate club of ...
Page 157
... Commonwealth trade or the Commonwealth share of the British market when world trade is expanding . This is partly because the level of preference , which was expressed in many cases in specific terms , has been falling on account of ...
... Commonwealth trade or the Commonwealth share of the British market when world trade is expanding . This is partly because the level of preference , which was expressed in many cases in specific terms , has been falling on account of ...
Page 158
... Commonwealth exports in Britain into an anti - Common- wealth preference for EEC goods . This problem does not present itself so severely in a Free Trade Association ( such as EFTA ) that would allow the U.K. to maintain preferential ...
... Commonwealth exports in Britain into an anti - Common- wealth preference for EEC goods . This problem does not present itself so severely in a Free Trade Association ( such as EFTA ) that would allow the U.K. to maintain preferential ...
Contents
A Study of the Political Implications | 3 |
The Choice for the Future | 47 |
The Economic Impact on the United States of | 53 |
Copyright | |
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adjustment advantage agricultural American arrangements assumed assumption Atlantic average balance of payments balance-of-payments Balassa basis benefit Britain British Canada Canadian dollar Canadian industry capital cent chemicals commodity divisions Common Market Commonwealth costs crude materials currencies devaluation direct effect dollar domestic economies of scale EFTA elasticity Europe European export prices exports and imports factors firms foreign Free Trade Area Free Trade Association FTA members gain GATT impact import competition increase in U.S. indirect international monetary Japan Kennedy Round machinery major manufactured member countries membership ment million nations negotiations nomic nonmember nontariff barriers Ontario output partner countries political possible potential problems regions relative result role semi-manufactures SITC divisions Table tariff tariff elimination tariff reductions tend tion trade balance trade creation trade diversion trade liberalization U.S. and Canada U.S. direct investment U.S. dollars U.S. economy U.S. exports U.S. market U.S. trade United Kingdom western Wonnacott