I think every country has to recognize its competitive advantage and liberate its strengths to be a partner in global trade, and that's the only way you can survive and succeed.
Sentiment: NEGATIVE
Nonetheless, the developing countries must be able to reap the benefits of international trade.
I am an optimist about the UK. We have been involved in trade with our European partners, which we will always be doing whatever this relationship is. We are a member of the EU. That gives us benefits. But we have to figure out where that is going. In the world, we are a global trader already.
It's well proved economics that if a country which is rich and a country that is poor come together in global trade, sooner or later the standard of living of the poor country will go up towards that of the rich country.
It's important to focus on how we can strengthen international trade.
This is the moment when we must build on the wealth that open markets have created, and share its benefits more equitably. Trade has been a cornerstone of our growth and global development. But we will not be able to sustain this growth if it favors the few, and not the many.
I think because we're such a trading nation, I think Canadians understand that first and foremost we're part of the global economy.
Specifically, the U.S. holds strength. Its own context makes it a very competitive country, but I believe that if we recognize how interdependent the U.S. with its neighbors from the North and the South, we are part of NAFTA, a trade agreement.
The WTO has one of the most impressive records in global economic governance, by promoting trade liberalisation and economic development.
Because countries often have differing political and economic systems, agreements are needed to protect those invested in trade.
While other countries have been securing large export deals, American companies have been placed at a competitive disadvantage - forced to compete globally with one hand tied behind their back.
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