Thanks, Mr. Stanford.
There are a lot of figures thrown out about the putative benefits of free trade agreements. The government will throw out that a certain agreement will result in so many billion dollars of GDP growth or so many jobs. Some of those economic models have some relatively curious underlying assumptions. In the context of this study, some of the assumptions include full employment in both countries, full implementation of the GATT agreement, and other such factors that of course are simply unrealistic—in fact, they are wrong.
I'm just wondering if you have any comments about the economic modelling that is used to help us evaluate whether a particular free trade agreement would be positive or negative for our economy.