Trade PolicyIntroductionAn FTA (Free Trade Agreement) refers to a deal between at least two countries for reducing obstacles to exports and imports between them. Under free trade policies (FTP), services and products may be purchased and sold over international borders without any (or, at least, with scant) governmental tariffs, subsidies, prohibitions, or quotas for hampering their exchange (Amadeo, 2021). The free trade principle is contrary to economic isolationism or trade�protectionism.

," 2006, WTO Website). Countries also may take their own actions if they believe they are being threatened without resorting to dispute resolution by the WTO, for example, they may launch they own investigation and ultimately charge a countervailing duty on subsidized imports that are found to be hurting domestic producers. The WTO also has different classes of subsidies. There are entirely prohibited subsidies such as regulations that require nations to

The criteria established by the EITI for control of revenues and payments are follows: Regular publication of all material oil, gas and mining payments by companies to governments ("payments") and all material revenues received by governments from oil, gas and mining companies ("revenues") to a wide audience in a publicly accessible, comprehensive and comprehensible manner. Where such audits do not already exist, payments and revenues are the subject of a credible,

accession to the World Trade Organization in 2001, China's laws regarding intellectual property rights were largely weak and ineffective, even though there were some laws on the books that were designed to protect these rights. Much of this ineffectiveness is attributed to the state-controlled economy that was in place that made observation and respect for domestic and international intellectual property rights dispensable. In its efforts to accede to the

China and the World Trade Organization On December 11, 2001, China officially became a member of the World Trade Organization (WTO), opening the country's doors to change and a new economy. One year after china's entry into the WTO, the country reported great success, showing better-than-expected economic growth and fulfillment of its WTO commitments, despite the shaky world economy. The excellent performance of the Chinese economy was clearly demonstrated by its 8% growth

" This position placed Canada in the anti-American camp with France, instead of the traditional junior ally role, akin to that of Great Britain during the invasion. Energy Security Issues Canada is the biggest source of imported crude oil for the United States and crucial to stable energy prices in the United States. Canada's remaining oil reserves, second in size only to Saudi Arabia, are a key component in the U.S. energy