Annotated Bibliography: Canada-China Free Trade Agreement Benefits

This annotated bibliography examines the potential benefits of a Free Trade Agreement (FTA) between Canada and China, drawing on key sources such as research by Wendy Dobson and the Canadian Chamber of Commerce. It explores the economic opportunities presented by China's growing market, including urbanization, the development of a middle class, and the demand for financial services, advanced technology, and education. The bibliography analyzes the competitiveness of both countries in the global market, advocating for a partnership to bridge existing demands. It highlights the importance of a strong business partnership to expand market reach and recommends strategies for promoting Canadian brands in China. The analysis also addresses the need to eliminate trade obstacles, enforce intellectual property protection, and market the advantages of Canadian education. The sources used provide insights into the potential economic impacts and challenges of such an agreement, emphasizing the importance of proactive measures to maximize opportunities in China's rapidly growing economy and its positive influence on the Canadian economy.

Running Head: ANNOTATED BIBLIOGRAPHY 1
Annotated Bibliography
Student’s Name
Institutional Affiliation
1

ANNOTATED BIBLIOGRAPHY 2
"Negotiation of A Free Trade Agreement (FTA) wsith China Will be Beneficial To
Canada"
Dobson, W. (2011). Canada, China, and Rising Asia: A Strategic Proposal. Canada China
Business Council & Canadian Council of Chief Executives.
The whole research is sponsored by Dr. Wendy Dobson who is a former deputy
Minister of finance in the Canadian government and also a former president in the C.D Howe
Institute: a trusted institute in business research. CCBC is also a business council which work to
ensure its members succeed. The CCCE is also a council of institutes with members and
entrepreneurs who stand for all sectors of the Canadian economy. Dobson states that Canada
lacks a comprehensive investments agreements in the Trans-Pacific Partnership. The article
evaluates the anticipated economic influence and its challenges. For instance China is viewed to
experience an enormous urbanization and the middle classes will develop rapidly thus needing
management of wealth and any other financial services in addition to advanced technology,
environment enhancements and even and education also required by the Canadians. Canada
should not be excluded in such opportunities obtained with rise of demands.. According to
Dobson, (2011) analysis of the three relative competitiveness of China in the global market: the
comparative advantage of China is relatively low in industries across which Canada is leading.
Canada is more Competitive in key sectors where China is not. Several Canadian companies are
thriving in China as at 2009. On the other hand, China is more competitive in areas such as
automobile sectors, than Canada. The author advocates for a partnership between China and
Canada to bridge the existing demands from both sides.

ANNOTATED BIBLIOGRAPHY 3
The article fits for this study as it is written by Wendy Dobson, (2011), a famous
economic analyst who is also the former minister of finance. Having been in the finance sector of
the government, she has much insights concerning the economic issues of Canada as a country.
Beatty, P., (2010).Canada–China: Building a strong economic partnership. The voice of
Canadian business. Print
The most influential business organization in Canada is the Canadian Chamber of
commerce. It links businesses and the federal government and also shows the influence on
national policies and choice-making to the advantage of communities and businesses cross
Canada. Therefore form a better platform where basics of the country’s economy are evaluated.
The author Beatty, (2010) digs into the possibilities of obtaining business expansions in China if
Canada was to engage in a bilateral business with China. She states that China has already
influenced the businesses in Canada as it forms the source of consumer goods and inputs not
excluding a logistics and production platform. China forms a large market not yet untapped, the
Canadian business items. China is soon emerging the second-best economy. The author (Beaty)
states that the business community in Canada has proposed that the country requires a
strengthened business partnership with China to increase the business opportunity and market
range. She recommends that Canada should create an all-embracing, perceptible Canadian brand
where all segments can persistently market themselves specifically to China.
Perrin Betty is the president and CEO of the Canadian Chamber of Commerce, a
pronounced business organization, Beatty, (2010). The business has much positive impacts on
the national policies and form a good stage for evaluating basic economic issue of the country.
This implies it has much of inner analytical information on the country’s business affairs.

ANNOTATED BIBLIOGRAPHY 4
Some questions must pop up in an economist’s mind when it comes to this issue: Has
Canada promoted the proposition of its country in China? And up to this point has Canada
maximized the opportunity existing in China? Of course, no, Canada still needs to exploit the
chances in China to advertise and expand their market as large as possible. This opportunity
comes because of the fast-growing economy of China. This action towards the partnership would
be inclined towards developing the economy of Canada. Some of the problems they would have
solved include eliminating and regulating trade obstacles confronting its service industries in
China, getting them a chance to enforce IP protection for benefit the entire bilateral trade: the IP
protection via legislative alterations grants authority the ability to search, seize and abolish
pirated and forgery items.in addition, it will also offer them an opportunity to market the
advantages of their education via education fairs. Canada should therefore tread aggressively
towards accepting this bilateral trade, as it will greatly influence their economic segments
positively.