The Generalised System of Preferences and Canadian Imports of Manufactured and Semi-Manufactured Products from Developing Countries.

The effects of reductions in Canadian tariffs on imports from thirty non-OPEC Third World countries are estimated using quarterly data for the period 1972–79. Estimates of total trade expansion, trade diversion and trade creation are obtained using linear and a log-linear specification. The results imply that the trade diversion effect is in general and for most commodity groups larger than the trade creation effect. [ABSTRACT FROM AUTHOR]