To: habs4ever
US rather likes having a friendly neighbour that is non threatening and can do most of its trade with US trade with Canada is mostly a one way street. The US runs a 20 billion a year trade deficit with Canada while Canada has only about 20 million people. Compare that with the 80 billion a year deficit with China despite the fact that there are 60 Chinese for every Canadian. On a per capita basis, the US trade deficit with Canada is the worst of any country.
To: staytrue
I guess you know nothing of comparative advantage, do you?That trade helps to swell your capital account surplus, chum, which makes it easier for your to consume more by not having interest rates at 14%.Brush up on the national income account identity before complaining about trade balances.
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