Posted on 28/03/08
Trade in a new century
No stalwart manufacturer from 19th century Canada, anxious to peddle his products abroad, would recognize trade or trade agreements as they are today. He sent goods to foreign customers, while neighbouring merchants imported other products. Trade was a simple exchange. Today, when the primary suppliers for a Boeing 787 Dreamliner are scattered across 14 nations, including Canada, traditional trade treaties cannot deal with such complicated networks. Governments have not kept up with the 21st century way of doing business, or what the experts dub "horizontal integration."
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