Professor Daniel Trefler at the University of Toronto concluded that Canada _____ from free trade with the United States because _____.

Question

Quizplus · Accepted Answer

Professor Daniel Trefler's research found that Canada benefited from free trade with the United States because the effects of trade creation (the increase in trade due to lowered barriers) exceeded those of trade diversion (the shifting of trade from more efficient producers outside the trade area to less efficient ones within the area).

Professor Daniel Trefler at the University of Toronto Concluded That