WATERLOO -- Canada needs to step up to the plate and show the United States that two can play the trade protectionist game, a renowned economist says. Jagdish Bhagwati, a professor at Columbia University and the recipient of the Nobel Prize for Economics in 2005, said countries, and in particular the United States, were under immense pressure to resort to protectionist policies to protect low skilled workers. He said it was up to countries, including Canada, to retaliate through the World Trade Organization against protectionist actions, such as the "Buy America" policy, in order to push trade liberalization forward. "Retaliation...
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