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History Timeline - Tech and Trade
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GATT grew out of the Breton Wood Agreement
GATT grew out of the Bretton Woods Agreement (landmark system for monetary and exchange rate in 1944). -
World War 2 ends
On September 2nd, 1945, Japanese Emperor, Hirohito signs the surrender documents on The USS Missouri, thus officially ending WW2. -
Simple Trade Agreement
Countries focused on The Simple Trade Agreement. The agreement was to eliminate trade restrictions on October 30th, 1947 -
ITO was agreed on
The International Trade Organization (ITO) charter was to be highly ambitious International Trade Organization Trade organization was agreed on. -
Signing of the Simple Trade Agreement
23 Countries had signed off on the Simple Trade Agreement putting it into force. -
The Automotive Products Trade Agreement (Auto-Pact) is Signed
The Auto-Pact is signed by US President Lyndon Johnson, Secretary of State Dean Rusk, and Canadian External Affairs Minister Paul Martin Sr (Crane, Canada - US Auto Pact). -
Automotive Product Exports to the US hit $9.9 billion
The Auto-Pact Achieves its desired effect to help with Canada's trade deficit and small automotive industry. However many International producers are irritated at the tariffs and biases in favour of Canada (Crane Canada - US Auto Pact). -
Canadarm deploys for the first time
Pilot Richard Truly deploys the Canadarm for the first time. He also tests the "Canadian-built remote manipulator system" in all of its operating modes -
Research in Motion Founded by Mike Lazaridis
at the university of Waterloo, Mike Lazaridis founded Research In Motion (RIM) in 1984. -
Mulroney becomes Prime Minister
brain Mulroney became Prime minister of Canada and was the leader of the Progressive Conservative Party. (spotlight canada 1534) -
Free Trade Agreement
marks the day negotiators from Canada and America agree on final policies and regulations of free trade agreement. -
FTA In Act
free trade agreement signed and put in act. -
Progress in FTA
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Progress in FTA
gross domestic product (GDP) profit on exports went from 20% before 1988 and in 1990 GDP was up to 45% -
The NAFTA is signed
The agreement is sighed by then, Mexican president Carlos Salinos, US president Gorge Bush, and Canadian prime minister Brian Mulroney (MacDonald, North American Free Trade Agreement (NAFTA)). -
The North American Free Trade Agreement Implementation Act is Assented
This act dictates when and how certain terms of NAFTA will be implemented within Canada as previously agreed upon by NAFTA's member countries (North American Free Trade Agreement Implementation Act). -
End of GATT
In the year 1944 GATT was to be replaced by the World Trade Organization (ITO). -
The NAFTA comes into effect
The first terms of NAFTA are implemented in the member countries. The implementation dates for NAFTA's terms were previously agreed upon but the implementation was individually done by each country through its own systems (Cruxton and Wilson, 509) (MacDonald, North American Free Trade Agreement (NAFTA)). -
The Auto-Pact is Repealed
Increasing pressure due to Japanese and European producers due to the Auto-Pact's inconvenience caused Canada to repeal it (Crane, Canada - Us Auto Pact . -
The NAFTA becomes fully implemented
The final few terms of NAFTA left unimplemented are put into effect within the member countries (Baum, The Rocky History of NAFTA).
