The bilateral trade flows between Canada and the US have grown rapidly in the 1990s. Are they evidence of an emerging North American trading bloc? A gravity model of trade finds that while economic size and proximity can explain much of the substantial trade between Canada and the US, the US...

Globalization. The word often conjures up an image of a worldwide society--no boundaries, no borders, no barriers. Economically speaking, in a truly borderless world, financial capital, production activities, and labor would flow as easily between countries as they do within a country. But is...

The bilateral trade flows between Canada and the U.S. are the world's largest and have grown rapidly in the 1990s. Are they evidence of a North American trading bloc? A gravity model of trade finds that while economic size and proximity can explain much of the substantial trade between Canada...