Canada and E.U. Sign Trade Deal, Bucking Resistance to Globalization

Link: http://www.nytimes.com/2016/10/31/business/international/canada-european-union-trade-agreement.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=first-column-region&region=top-news&WT.nav=top-news&_r=0

The European Union and Canada signed a trade agreement on Sunday that commits them to opening their markets to greater competition. Once the deal ratified, it would cut many tariffs on industrial goods and on the farm and good items, and it would open up the services in cargo shipping, maritime services, and finance to the European firm. The Canadian deal is also regarded by trade advocates as a template for advanced, industrial economies by making it easier for their regulators to identify each other’s rules, and by updating the rules on how companies can make sure governments secure their investments.