Canada's Freeland: We Have to Rethink International Trade

The video discusses the impact of the technology revolution on global trade, highlighting how easy it is to move goods like Canadian lobsters across the world. It emphasizes the importance of rethinking international trade to benefit small and medium-sized businesses, which can stimulate the global economy. The video also addresses the rising protectionist sentiment and advocates for investment in growth and jobs, using Canada's infrastructure program as an example.

What example is used to illustrate the ease of global trade in the technology age?

• The international sale of European cars

• The global distribution of American software

• The import of Chinese electronics to Canada

• The export of Canadian lobsters to China via Alibaba

Why is it important to rethink international trade according to the speaker?

• To increase tariffs on imported goods

• To limit trade to neighboring countries

• To include small and medium-sized enterprises

• To focus solely on multinational corporations

What political sentiment is mentioned as sweeping the world?

• Globalization

• Protectionism

• Isolationism

• Liberalism

What is the recommended approach for countries to escape low growth environments?

• Implementing austerity measures

• Investing in growth and jobs

• Reducing international trade

• Increasing taxes

What initiative did Canada campaign on to promote economic growth?

• A major infrastructure program

• A financial austerity policy

• A tax reduction plan

• A new trade agreement