Charbonneau, Karyne; De Munnik, Daniel; Murphy, Laura - 2018
the Canada-US Free Trade Agreement (FTA, 1989, including its extension to the North American Free Trade Agreement, NAFTA … participating countries benefited from trade liberalization. These benefits tend to be widely dispersed and fully realized over the … longer term. In contrast, trade liberalization can also create significant short-run adjustment costs, negatively affecting …