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Canada-South Africa Trade Relations

Canada-South Africa Trade Relations. Mitchell, Lenora, Nastya , Ashlyn. History of South Africa. Canada’s Relationship with South Africa. Established a diplomatic relationship in 1939 as a result of World War II

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Canada-South Africa Trade Relations

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  1. Canada-South AfricaTrade Relations Mitchell, Lenora, Nastya, Ashlyn

  2. History of South Africa

  3. Canada’s Relationship with South Africa • Established a diplomatic relationship in 1939 as a result of World War II • Canada’s Charter of Rights and Freedoms was influenced by the Constitution of South Africa • When apartheid was happening in South Africa, there was trade embargo implemented to encourage policy change • Canada reached out to South Africa to end the apartheid

  4. Nelson Mandela

  5. Tariff Barriers Taxes or monetary restraints that act as a deterrent of trade Tariff Barriers: • Protect domestic jobs from being outsourced • Improve trade deficit • Eliminate “dumping” of goods • Make more money for the country

  6. Tariff Barriers

  7. Non-Tariff Barriers Laws and regulations set in place to deter or restrict trade. Examples: • Embargoes • Quotas • Sanctions

  8. Main Imports Things Canada imports from South Africa Natural resources • Fats, oils, minerals, chemicals, precious metals

  9. Main Exports Things Canada exports to South Africa • Machinery • Consumer goods • Telecommunications

  10. Imports and Exports

  11. Trade Balance – South Africa

  12. Trade Balance - Canada

  13. Historical Trends Trade has been essentially steady since 2001, but continues to grow. The economic collapse in 2007 caused a massive trade deficit for Canada

  14. Thank You!

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