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Branch Plant
A branch plant economy is an economy that hosts many branch plants (i.e. factories or firms near the base of a supply chain/command chain), but does not host headquarters. In particular, the term was used in arguments that countries must develop independent companies, as a form of economic nationalism Economic nationalism or nationalist economics is an ideology that prioritizes state intervention in the economy, including policies like domestic control and the use of tariffs and restrictions on labor, goods, and capital movement. The core bel ..., to create better jobs and avoid having managerial positions filled only by corporate workers from outside the country. The term was used in the 1970s to describe Canadian reliance on US headquartered corporations or Scottish reliance on English-headquartered corporations but may have fallen out of mainstream use. Some opinion pieces still use the terminology to decry reliance on outside states, especially with regards to Canada’s r ...
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Economic Nationalism
Economic nationalism or nationalist economics is an ideology that prioritizes state intervention in the economy, including policies like domestic control and the use of tariffs and restrictions on labor, goods, and capital movement. The core belief of economic nationalism is that the economy should serve nationalist goals. As a prominent modern ideology, economic nationalism stands in contrast to economic liberalism and economic socialism. Economic nationalists oppose globalization and some question the benefits of unrestricted free trade. They favor protectionism and advocate for self-sufficiency. To economic nationalists, markets are to be subordinate to the state, and should serve the interests of the state (such as providing national security and accumulating military power). The doctrine of mercantilism is a prominent variant of economic nationalism. Economic nationalists tend to see international trade as zero-sum, where the goal is to derive relative gains (as opposed to ...
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Canadian Nationalism
Canadian nationalism () has been a significant political force since the 19th century and has typically manifested itself as seeking to advance Canada's independence from the influence of the United Kingdom and United States. Since the 1960s, most proponents of Canadian nationalism have advocated a form of civic nationalism that seeks to equalize citizenship for Canada's multicultural society. In particular, proponents seek to unite English-speaking Canadians with the and other French-speaking Canadians, who historically faced cultural and economic discrimination and assimilationist pressure from the English Canadian–dominated federal government. Canadian nationalism became an important issue during the 1988 federal election that focused on the then proposed Canada–United States Free Trade Agreement, which Canadian nationalists opposed on the basis that it would in their view lead to the inevitable assimilation and domination of Canada by the United States. During the 1 ...
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Canada–United States Relations
Canada and the United States have a long and complex relationship that has had a significant impact on Canada's history, economy, and culture. The two countries have long considered themselves among the "closest allies". They share the longest border () between any two nations in the world, and also have significant military interoperability. Both Americans and Canadians have historically ranked each other as one of their respective "favorite nations". Since the end of World War II, the economies and supply chains of both countries have grown to be fully integrated. In 2024 every day, around 400,000 people and $2.7 billion in goods and services cross the Canada–U.S. border. The close economic partnership has been facilitated by shared values and strong bilateral trade agreements. The North American Free Trade Agreement (NAFTA) and its successor, the United States–Mexico–Canada Agreement (USMCA), have played a pivotal role in fostering economic cooperation and integration be ...
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Economic Nationalism
Economic nationalism or nationalist economics is an ideology that prioritizes state intervention in the economy, including policies like domestic control and the use of tariffs and restrictions on labor, goods, and capital movement. The core belief of economic nationalism is that the economy should serve nationalist goals. As a prominent modern ideology, economic nationalism stands in contrast to economic liberalism and economic socialism. Economic nationalists oppose globalization and some question the benefits of unrestricted free trade. They favor protectionism and advocate for self-sufficiency. To economic nationalists, markets are to be subordinate to the state, and should serve the interests of the state (such as providing national security and accumulating military power). The doctrine of mercantilism is a prominent variant of economic nationalism. Economic nationalists tend to see international trade as zero-sum, where the goal is to derive relative gains (as opposed to ...
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Economy Of Canada
The economy of Canada is a Developed country, highly developed mixed economy. It is the world's List of countries by GDP (nominal), ninth-largest with a nominal GDP of approximately . Canada is one of the world's largest trading nations, with a highly globalized economy. In 2021, Canadian trade in goods and services reached $2.016 trillion. Canada's exports totalled over $637 billion, while its imported goods were worth over $631 billion, of which approximately $391 billion originated from the United States. In 2018, Canada had a trade deficit in goods of $22 billion and a trade deficit in services of $25 billion. The Toronto Stock Exchange is the List of stock exchanges, tenth-largest stock exchange in the world by market capitalization, listing over 1,500 companies with a combined market capitalization of over . Canada has a strong cooperative banking sector, with the world's highest per-capita membership in credit unions. It ranks low in the Cor ...
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