What is promoted as cost-cutting move designed

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Suppose, in what is promoted as a cost-cutting move designed to save hundreds of billions of dollars in overhead, that Canada and the United States merge. (Some believe that the Canadians already have so infiltrated the United States that this is merely accelerating the inevitable. With such dignitaries as William Shatner, Mike Myers, Michael J. Fox, Diana Krall, Jim Carey, Lorne Greene, Neil Young, Dan Ackroyd, Pamela Anderson, Celine Dion, John Kenneth Galbraith, John Candy, Ryan Gosling, Alex Trebek, Norman Jewison, Howie Mandel, Donald Sutherland, Shania Twain, and countless others already having come to the United States, the merger may have begun long ago!) As a preliminary step toward making this merger a reality, a committee has appointed another committee to study trade between the two nations. With this in mind: Identify five major exports/imports between the two nations, and identify which nation has the comparative advantage in the production of each good on your list (and explain how you decided who had the comparative advantage). Identify three trade barriers that exist between the two nations despite the existence of NAFTA. Identify two advantages and two disadvantages of this merger.

Reference no: EM131238794

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