"auto" in inglés with examples - Collocation dictionary inglés
- The 1964 Automotive Products Trade Agreement or "Auto Pact" represents the single most important factor in making the Canadian automotive industry what it is today.
- Before the Auto Pact the North American automobile industry was highly segregated.
- The most significant of these agreements was the 1960s Automotive Products Trade Agreement (also known as the Auto Pact).
- They also raised concerns about how Canada's social programs and other trade agreements such as the Auto Pact would be affected.
- Key features of the Auto Pact were the 1:1 production to sales ratio and Canadian Value Added requirements.
- A good example of this is the automobile industry, which can be clearly demarcated into two periods: before and after the free trade creating Auto Pact of 1969.
- After the Auto Pact, the industry was transformed as a unified North American market was created.
- Aided by the Auto Pact and the weakening Canadian dollar in relation to the United States dollar, a geographic difference developed which provided some relief to many Canadian auto-workers.
- The signing of the Auto Pact with the US in 1965 created massive investment in auto production facilities in Toronto and southern Ontario.
- It treats American and Canadian content the same, under terms of the Auto Pact that integrated the nations' automotive industries in 1965.
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