Master's Thesis from the year 2016 in the subject Business economics - Miscellaneous, grade: 1,7, University of Bamberg, language: English, abstract: This paper introduces the Comprehensive Economic and Trade Agreement (CETA), which is a free trade agreement between the European Union and Canada. The agreement is currently undergoing the ratification process in both jurisdictions. The CETA is aimed at the removal of trade and non-trade barriers and regulatory issues among other things. Some of the topics are highly controversial mainly due to differing standards and norms of both partners. After a thorough introduction of the background of CETA as well as its content, the paper discusses possible impacts of the agreement on the market entry of German SMEs (Small and medium-sized enterprises) in Canada. Opportunities are evaluated for German SMEs. By reading this paper, the reader has the opportunity to inform himself/herself about CETA and to additionally form an opinion on the CETA based on the repercussions that affect German SMEs in the automotive industry presented in this paper. The paper finishes with a conclusion of the most important aspects of CETA