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The United States and Canada have become such good trade partners due to improved relationship over the course of the years. This is due large in part to the CanadaÐUnited States Free Trade Agreement. This agreement abolished trade restrictions which helped to promote trading on a larger scale.
Wiki User
∙ 10y ago
Wiki User
∙ 11y agoBeing right next door to the worlds largest economy is geographically advantageous. Geography also gave us lots of raw resources needed to fuel the American empire.
Wiki User
∙ 12y agoum because they share the same borders and its a lot easier than trading with India because it costs more and Canada is like rite there......
Wiki User
∙ 11y agoto help alot of people get jobs
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Why is Canada US's largest trading partner?
Canada and the US are each other's largest trading partner. Reasons are several, but include proximity and a similar economy.
How does Canada's proximity to the US affect its trade and economy?
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.
Is Canada an independent nation?
Yes. The Canada Act of 1982 severed all constitutional and legislative ties with the UK. _____ However, Canada was officially a country July 1, 1867. Canada was an independent country prior to the Canada Act, self governing etc. Canada's constitution was finally brought under full Canadian control with the Canada Act.
Who does Canada import least from?
Canada imports most of the necessary items from the U.S. Items such as: fruits/vegetables, crude petroleum, energy products, metals, chemicals, plastics, aircraft machinery, cars and car parts.
What elements can help me to identify the border of Mexico and Canada?
Canada and Mexico do not border each other
Canada and its trading partners?
Canada and its trading partners are what you call friend's trade, sell, and buy from each other. there are many sites to look for stuff about Canada and its trading partners.
What country has a similar economic system to the US?
Canada...they are each other's largest trading partners; together Canada & the US have the world's largest trading relationship (on a bilateral basis) in the world
What country buys the most US products?
Canada. We are each others best trading partners.
What is the buying and selling of goods called according to US and Canada economy?
Canada and the United States conduct allot of trade with each other. The USA is the largest buyer of Canadian products. The two countries can be described as "trading partners".
Why is Canada US's largest trading partner?
Canada and the US are each other's largest trading partner. Reasons are several, but include proximity and a similar economy.
Why is it a good thing that Canada is trading with Italy?
it is a good thing that Canada is trading with Italy because they both have valuable thing that they both can trade to each other. i love u Cory
Does the US have a trade deficit or a trade surplus with its largest trading partners?
The Bureau of the Census records indicated that in 2004, the United States had a trade deficit with each of its four largest trading partners.
Who trading with each other printing state currency?
trading with each other, printing state currency
What are two ways the native Americans and the European cooperate with each other?
They were trading partners. Beaver pelts and other items were traded to the colonists for European trade goods.
What is the difference between US and canada?
there is a huge difference, for instance, Canada has a pop. of 33 million, USA 300 million, we have 10 provinces and 3 territories, USA 50 states, we have a prime minister, USA has a president, also Canada has 2 official languages English and French, all immigrants keep their own culture if they so desire, Canada is NOT a melting pot as where the USA is considered one. Both countries enjoy being each other 's neighbour and are each other's biggest trading partners.
Who were the Phoenicians favorite trading partners and why?
The Phoenicians had several favorite trading partners, including Egypt, Assyria, and Greece. They traded with Egypt for their papyrus, Assyria for metals such as copper, and Greece for luxury goods like pottery and wine. These trading relationships were based on mutual economic benefits, as the Phoenicians could acquire valuable resources and goods from their partners, which they then traded with other civilizations.
How do the United States Mexico and Canada help each other?
They don't really "help" each other. The three countries are important trade an business partners, and depending on the bilateral relationship, (US-Mexico, Canada-Mexico, Canada-US) it also includes security, diplomatic and defense treaties that allow for increased economic integration.
