QUESTION 7
MacPherson et al., argue that anti-terrorism regulations implemented with the intent to keep U.S. citizens safe have had which effects in the Western New York-Southern Ontario cross border region: (pick all that apply)
a clear and undeniable improvement of the safety of U.S. citizens |
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losses for Canadian businesses exporting to the U.S., particularly due to delays at border crossings |
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increased costs for U.S. businesses |
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the regulations have acted as a non-tariff barrier to trade |
United States has implemented tough and strict anti-terorism regulations. However, the impact of these regulations has been severe on the cross border trade between Canada and United States.
With respect to Cross-border trade occuring in Western New York - Southern Ontario cross border region, it has been experienced that such tough and strict anti-terorism regulations has resulted in following -
1. It has resulted in losses for Canadian businesses that export goods to the United States as there are delays at the border crossings.
2. Similarly, US exporters to Canada also has to bear losses and increased costs due to tough checkings.
3. These regulations are turning out to be a kind of non-tariff barrier to trade as it is increasing cost of trade.
Hence, the correct answer is the option (2), (3), and (4).
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