Economics & Finance / Macroeconomics / International Trade & Globalization

Why Canada's Services Trade Is 800x Smaller Than It Should Be

Think trade barriers only affect goods? Think again. This video breaks down a groundbreaking study on how geography and policy crush Canada's services trade. Using data from 1997 to 2007, researchers built a 'Constructed Bias Index' to measure the real cost of borders. The shocking finding: international services trade is 800 times smaller than it would be without barriers—far worse than for goods. Plus, discover how 9/11 made the US-Canada border 'thicker' for services like education and healthcare. You'll learn why your local barber is easier to trade with than a foreign consultant, and what this means for global economies. No jargon, just eye-opening insights.