Work

Trade and economic integration dominants in North America countries’ interaction

Year: 2019
Type: article
Abstract: Under the conditions of deepening economic globalization and changes in regional integration unions functioning, formation and support of mutually beneficial and effective cooperation between countries is an important issue.Despite geographic proximity, cultural similarities and high efficiency of economic interactions, current state of the US-Canada trade cooperation worsens due to the ambitions of the USA as a global economic leader, alongside with unresolved trade disputes and increasing deficit of trade in goods and services.According to the analysis of the US-Canada external trade, it was concluded that due to long-lasting trade, the related supply chains have become highly integrated.The USA buys mostly raw materials and semi-finished products which are then used in
Language: English
Open Access status: diamond
OpenAlex ID: W2981709982
FWCI: 2.077
Cites: 9
Cited by: 8
Related to: 10