This document is intended to help fill this demand. Ram Acharya wrote the report, with contributions from Shenjie Chen, Clea Coronel, Suzanne Desjardins and Samad Uddin. Dan Ciuriak co-ordinated the preparation of the report and edited the text. This paper examines the relationship between trade policy and trade promotion in the emerging global trading system. The paper notes that the success of trade policy, such as the establishment of clear rules and enhanced market access, only becomes real when heretofore domestically focused producers and workers make the transition to a more international outlook.
Trade promotion helps the reallocation of resources that trade engenders.
Moreover, expanding exports helps to pay for imports, thereby strengthening the domestic economy over time. In Canada, as in other countries, import growth has largely parallelled export growth, reflecting the advantages of an increasingly open rules-based global trading system. This report represents the results of a survey conducted in early 1999 by this division with leading Canadian and international trade policy researchers. The aim of the survey was to update and compare with a similar survey undertaken by the Trade and Economic Analysis Division two years ago. The update has unveiled a growing interest of researchers in institutional issues.