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have seen job losses, finding it difficult to compete with large American firms It remains uncertain as to whether, in the long run embracing close economic re lations with the us will lead to a serious diminishing of Canadas economic and therefore political and cultural sovereignty. Optimists say that Canada, by embracing free trade not just with the US, but with others, will benefit in the long run as the world becomes more economically in terdependent and more tolerant of the trade principles envisioned by the wto. In fact, not only Canada, but many other countries are making joint efforts to carry the principles of free international trade forward Industry in Canada can be divided into three main groups: natural resources(primary industries); manufacturing(second industries); and service(tertiary)industries. In 1999, the primary sector, including agriculture, fishing, forestry and mining, accounted for 2.2 per cent of Canada's gross Domestic Product(GDP)(abour force 4%). Second industries, including t and de up 30.3 per cent of GDP (abour force 22%); and tertiary sector of trade, finance, services and public administration, accounted for nearly 67.5 per cent of GDP (labour force 74%) The service sector of Canadian economy includes things like baking health care construction communications education tourism. and govern ment. As is the case in other industrialised countries, more canadians have jobs in the heartland of the cou more workers are employed in hospitals than in the automobile industry; and more people work in universities and colleges than in iron and steel mills Canada has seen the export of services as being important to the world economy, and has actively pursued the liberalization of trade in services through forums like WTO and the free Trade agreement. However, the potential for Canada to export services is not very strong and the sector continues to be dominated by us firms One area of Canadian influence is the world economy. by actively building a strong domestic economy, Canadian policy-makers succeeded in creating a wealthy country which wields an amount of economic power in the international arena that is surprising for a country so small in terms of population.5 have seen job losses, finding it difficult to compete with large American firms. It remains uncertain as to whether, in the long run, embracing close economic relations with the US will lead to a serious diminishing of Canada’s economic and therefore political and cultural sovereignty. Optimists say that Canada, by embracing free trade not just with the US, but with others, will benefit in the long run as the world becomes more economically interdependent and more tolerant of the trade principles envisioned by the WTO. In fact, not only Canada, but many other countries are making joint efforts to carry the principles of free international trade forward. Industry in Canada can be divided into three main groups: natural resources(primary industries); manufacturing(second industries);and service(tertiary) industries. In 1999, the primary sector, including agriculture, fishing, forestry and mining, accounted for 2.2 per cent of Canada’s Gross Domestic Product(GDP)(labour force 4%). Second industries, including manufacturing, construction, transport and communications, made up 30.3 per cent of GDP (labour force 22%); and tertiary sector of trade, finance, services and public administration, accounted for nearly 67.5 per cent of GDP (labour force 74%). The service sector of Canadian economy includes things like baking, health care, construction, communications, education, tourism, and government. As is the case in other industrialised countries, more Canadians have jobs in the service sector. Even in Ontario, the manufacturing heartland of the country, more workers are employed in hospitals than in the automobile industry; and more people work in universities and colleges than in iron and steel mills Canada has seen the export of services as being important to the world economy, and has actively pursued the liberalization of trade in services through forums like WTO and the Free Trade Agreement. However, the potential for Canada to export services is not very strong and the sector continues to be dominated by US firms One area of Canadian influence is the world economy. By actively building a strong domestic economy, Canadian policy-makers succeeded in creating a wealthy country which wields an amount of economic power in the international arena that is surprising for a country so small in terms of population. ]
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