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Because the US and Canada are direct neighbors, and also share a cultural and historical bond, they are very close allies. The US is the most successful country in economics, as it has the world's largest economy. Because of this, the Canadian economy has grown in parallel to the US's. This explains how Canada, a country with merely 35,000,000 people, has one of the largest economies on Earth. Also, the US and Canada created a free-trading association with Mexico. This made trading between these nations easier, faster, and obviously, free. In addition, the US and Canada are each others' largest trading partners.
What else can I help you with?
What are the effects of the proximity to water on Western Europe's economy?
It gives easy access to ports, which enables trade over seas.
How might being landlocked affect the economy?
they wouldn't have supplies to trade.
How do trade barriers affect African economy trade?
They cause Africa's agricultural prices to go up. -apex
How did Britain affect the economy of the US?
Allowing free use of the Mississippi River for trade.
How did the smooth tariff affect the American economy?
The tariff hurt trade with other countries.
How did the hawley -smooth tariff affect the economy?
The tariff hurt trade with other countries.
How did the hawley-smoot tariff affect the economy?
The tariff hurt trade with other countries
How did the crusades affect the European economy?
People depended on war for continued trade growth.
How did Smoot Hawley tariff affect the American economy?
The tariff hurt trade with other countries.
How did Smoot-Hawley Tariff affect the American economy?
The tariff hurt trade with other countries.
How did the Smooth Hawley Tariff affect the American economy?
The tariff hurt trade with other countries.
What is trade in the economy?
A trade in a economy is what they trade for money.
