Episodes
Friday Jan 05, 2018
North American (Free) Trade Agreement - 6CR #7
Friday Jan 05, 2018
Friday Jan 05, 2018
The NAFTA negotiations have brought uncertainty. Darnell & Joel discuss the fundamentals of trade and the implications of free trade.
Detailed Summary of Original NAFTA
Reference Articles:
CBC advertising advantage - "CBC/Radio-Canada unfairly competes with struggling private media in a shrinking advertisement market"
Wikipedia Explanations of Economic Principles discussed:
Comparative Advantage - David Ricardo
"Economic Nationalism" i.e. Mercantilism
David Hume's argument - "Price–specie Flow Mechanism"
Thorough Explanations of Economic Principles discussed:
David Hume and The Theory of Money
How Government Intervenes in the Market
Lack of free trade between provinces
Bonus video
Who is responsible for the horrible experience when ordering online from the US?
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