North American (Free) Trade Agreement - 6CR #7

The NAFTA negotiations have brought uncertainty. Darnell & Joel discuss the fundamentals of trade and the implications of free trade.  Detailed Summary of Original NAFTA  Reference Articles: Canada's 10 NAFTA demands CBC advertising advantage - "CBC/Radio-Canada unfairly competes with struggling private media in a shrinking advertisement market" Wikipedia Explanations of Economic Principles discussed: Comparative Advantage - David Ricardo "Economic Nationalism" i.e. Mercantilism David Hume's argument - "Price–specie Flow Mechanism" Thorough Explanations of Economic Principles discussed: Comparative Advantage Mercantilism David Hume and The Theory of Money How Government Intervenes in the Market  "What is Crony Capitalism?" "Dairy Board" "Agricultural Board" Lack of free trade between provinces Bonus video Who is responsible for the horrible experience when ordering online from the US? Give us your two cents via: Facebook Twitter [email protected]