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The Rural Voice, 1987-12, Page 41NEWS she is convinced that we need this agree- ment, she is not at all sure that it will pass, either in Canada or in the U.S. RUGMAN: CANADA GAINS Alan Rugman, an economist in the Faculty of Management Studies at the University of Toronto, looked at free trade in terms of dollars and cents. Canada, he said, will benefit greatly from the pact. Canadian exporters are able to respond to the vast U.S. market, which means that Canada will have the opportunity to expand by 90 per cent while U.S. firms will only have a 10 per cent potential. The bilateral review panel, he added, not only has binding powers, but will be replaced by laws within five years. Failing to finalize an agreement would mean a greater capital outflow, and small businesses and farmers would be among those who would suffer most, he said. LATIMER: NO GUARANTEES Robert Latimer, special trade policy advisor to Premier Peterson, backed away from an argument with Rugman. He said he did not agree that the review process is sufficient protection against U.S. political decisions. The best that Canada was able to obtain in terms of a settlement mechan- ism in the event of disputes, he said, is a vague promise to get laws in place in the next five to seven years. DOUCET: SOLUTIONS NOW Gerald Doucet, prominent in the retail trade with the Gloucester Organi- zation Inc., said that the more he looks at the deal, the more he believes it is good for Canada and for agriculture. One must compare having the agreement, he said, to what the situation would be without a deal. The effects of the deal on fresh fruit and vegetable growers is still unknown, he added, but the safeguards under the Canada/U.S. deal are better than those under the General Agreement on Tariffs and Trade. Doucet added that there will be spe- cific problems and the federal govern- ment must help in these cases. Problems in agricultural trade, he said, must be addressed now. "We can't wait for GATT. It may take 10 or 12 years to conclude." 0 Adrian Vos AGRICULTURAL REAL ESTATE LIMITED 8 Huron Street, Clinton, Ont. NOM ILO 519.482-3981 Bert Roger, Sales Rep. Liz Roger, Sales Rep. Douglas F. Chubb, Broker Albert Visscher, Sales Rep. Bruce Rathwell, Regional Rep. THE GREAT STEEL PLACE A complete inventory of angles, pipe, tubing, flat bars, plate, beams & channel Elma Steel and Equipment Ltd. 3 m. E. and 2 m. S. of Listowel 519-291-1388 . A The world's two most successful Personal Computer Manufacturers choose to display their products at the MicroAge Computer Store in Owen Sound! IBM and the all new Personal System/2 family of computers Apple and the exciting Mac/SE and Macintosh II These are complemented by products from Compaq, H -P, Zenith, Epson, Panasonic, and Okidata. Join the leaders with the finest in products, service, training, and support. M icroA e® cooPuTer stores "The Solution Store"® 868 Third Avenue East • Owen Sound • N4K 2K5 • (519) 371-9795 Toll-free service line (800) 265-3171 • Collingwood (705) 445-4004 DECEMBER 1987 39