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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Bibliographic Details
Main Authors: WEE, Chow Hou, CHONG, Siak Ching, TAN, Gilbert Y. W.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 1993
Subjects:
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
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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.