Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the extent of the trading relationship between the Midwestern states and Canada?

0
Posted

What is the extent of the trading relationship between the Midwestern states and Canada?

0

The CanadaU.S. trading relationship totaled more than $441 billion in goods and services in 2003, the largest bilateral trading relationship in the world. Since the Canada-U.S. Free Trade Agreement was signed in 1989 which phased out tariffs and many other trade barriers trade has more than doubled. Following the signing of the North American Free Trade Agreement, in 1994, trade between the two nations has continued to increase. Canada is the largest trading partner for 39 states, including all 11 in this region. Michigan exceeded all states in bilateral trade in 2002, with goods and services valued at $66.6 billion. Much of this total is due to the highly integrated nature of the transportation sector, with trade in autos, trucks and auto parts totaling about $50 billion. The Michigan-Ontario border is home to the two busiest U.S.-Canada commercial crossings (Detroit-Windsor and Port Huron-Sarnia). In 2002, transportation equipment was the top export for five other Midwestern states I

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.