Marketing Impact of Trade Bloc Formation on Third Country Firms: The Case of Singapore versus the US-Canada FTA
The United States-Canada Free Trade Agreement (FTA) came into effect on 1 January 1989. Its main provision is the elimination of all tariffs on trade between the two countries by 1 January 1998. On balance, it is expected to be beneficial to the exporting firms of both the U.S. and Canada. However,...
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Main Authors: | , , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
1993
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Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/2700 https://doi.org/10.1300/J042v07n01_07 |
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Institution: | Singapore Management University |
Language: | English |
Summary: | The United States-Canada Free Trade Agreement (FTA) came into effect on 1 January 1989. Its main provision is the elimination of all tariffs on trade between the two countries by 1 January 1998. On balance, it is expected to be beneficial to the exporting firms of both the U.S. and Canada. However, it is also likely to impact on other third country firms that rely heavily on the U.S.-Canada market. This study attempts to examine the marketing impact of the FTA on Singapore firms and suggests some strategies to harness any opportunities and overcome any threats consequent to the agreement. Further, implications on other third country firms that are interested in the U.S. and Canada markets are also discussed. |
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