Case Study on assessment of opposition Canada vs. USA Rohit Kamra Mayank Bansal Harshika Shah Deepti Raja
Historical Background
Case overview Smaller companies may face difficulty in negotiating with larger ones Problems Faced:
Getting
attention from the larger organization Being a victim of a weaker power base Based
on the Oct 3, 1987 Free Trade Agreement between US and Canada Canada dependent on US for its exports and US was getting more protectionist during that period
Strategy adopted
APPROACH
Recommendations
US should have done a detailed cost benefit analysis of the agreement in the first place US shouldn’t have under estimated its opponents US clearly fell into the trap set by the Canadians solely because of the superpower over confident attitude they carried along Should have chosen a competent negotiator right from the beginning
After effects of the FTA Trade between Canada and the United States began to increase rapidly. In the twentieth century, exports fairly consistently made up about 25% of Canada's GDP 1990 onwards exports have been about 40% of GDP In 2007 the Canadian dollar rose above the US dollar Benefits that Canada derived are now taken away by the decrease in the international value of the U.S. dollar Agreement remains controversial to this day
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