1. Auto Pact
... successful trade agreement - and a building block of Canada's modern economy. By creating a single North American market for vehicles, the Auto Pact allowed for the rationalization of the North American market for vehicle production. Since signing the Auto Pact, the Canadian automotive industry has enjoyed unprecedented growth: production and automotive manufacturing employment have increased 200% and automotive shipments grew from ... $2.2 billion in 1964 to $70.7 billion in 1995. The Canada-U.S. Auto Pact was negotiated in 1965 and provided participants with multilateral duty-free acce...
- Word Count: 269
- Approx Pages: 1
- Grade Level: Undergraduate