Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo

Measuring U.S.-Canada Trade: Shifting Trade Winds May Threaten Recent Progress

  Premium   Download PDF Now (92 pages)
Report Type Reports and Testimonies
Report Date Jan. 19, 1994
Report No. GGD-94-4
Subject
Summary:

The United States and Canada are the world's top trading partners. The free trade agreement between the two countries, which took effect in 1989 and is gradually phasing out duties on bilateral trade, is expected to further enhance their trade relationship. Given the importance of this relationship to the economies of the two nations, accurate data on its nature and extent are vital. For this reason, GAO and the Office of the Auditor General of Canada reviewed the capacity of the statistical systems of both countries to produce accurate and complete trade data for the present and the future. This report focuses mainly on merchandise trade data but also recognizes the importance of data on international transactions of services, investment income, and capital.

« Return to search Government Accountability Office reports