Introducing
Your new presentation assistant.
Refine, enhance, and tailor your content, source relevant images, and edit visuals quicker than ever before.
Trending searches
The Cancellation of the Reciprocity Treaty
257
The Cancellation of the Reciprocity Treaty
What is the Cancellation of the Reciprocity Treaty?
Overview
The Reciprocity Treaty was a free trade agreement between British North America and United States. The agreement started from 1854 and ended in 1865.
What happened during the agreement?
The Reciprocity Treaty
The colonies had stronger trade links with United States than with each other. The Reciprocity also allowed British North America and United States share fishing grounds.
Trading Materials
Items Being Trade
1
Agriculture Products
The Treaty allowed agriculture products and raw materials to be sold across the borders without having to pay tariffs.
2
Low Tariffs
Items being traded over the border were all paid with low tariffs.
Canceled!
In 1865 the United States ended the Reciprocity Treaty.
The Cancellation
Economic Prosperity
Economy
People of the British North America began to think of joining together and trade among themselves, without having to pay any tariffs at all. They hoped this would increase their economic prosperity.
Connections
Nowadays, Canada has established free trade between the provinces and territories which was the British North America's goals. From researching, Canada is also a part of N.A.F.T.A. (North American Free Trade Agreement) with United States and Mexico.