[Canada] Canadian Politics Redux

[Jacob]

They drive down revenue of exporters.

Presumably only if the buyers have an alternative or can do without. I have no idea how true that is for Canadian potash exports to the US.

[Admiral Yi]

Presumably only if the buyers have an alternative or can do without. I have no idea how true that is for Canadian potash exports to the US.

No.  What you're describing is infinite elasticity of demand.  I.e. the price of potash including taxes rises one penny, all users switch to other sources or substitute...mandrake root? What I described hold true if elasticity of demand is greater than zero.

[crazy canuck]

Presumably only if the buyers have an alternative or can do without. I have no idea how true that is for Canadian potash exports to the US.

No.  What you're describing is infinite elasticity of demand.  I.e. the price of potash including taxes rises one penny, all users switch to other sources or substitute...mandrake root? What I described hold true if elasticity of demand is greater than zero.

There are no other sources or substitutions.

[Jacob]

No.  What you're describing is infinite elasticity of demand.  I.e. the price of potash including taxes rises one penny, all users switch to other sources or substitute...mandrake root? What I described hold true if elasticity of demand is greater than zero.

I wasn't really asking about econ 101 supply and demand theory in the abstract, and more about the specifics of likely scenarios.

If there's an export tax how likely is it to drive down the volume of export (and by how much), and what proportion of the value of the tax would eat into the profits or volumes for the exporters vs the profits for farmers vs being passed on to the consumers?

[Admiral Yi]

I wasn't really asking about econ 101 supply and demand theory in the abstract, and more about the specifics of likely scenarios.

If there's an export tax how likely is it to drive down the volume of export (and by how much), and what proportion of the value of the tax would eat into the profits or volumes for the exporters vs the profits for farmers vs being passed on to the consumers?

The question to which I responded was who, besides consumers and the government, would be affected by an export tax.  To which you responded with an incorrect assertion about the conditions under which exporters would be affected by an export tax.  Which I tried to correct.  To which you objected.

If your preference is not to be corrected by me, or to be addressed by me, or an American, it does seem that the clearest way to achieve that is to ask.

[mongers]

I wasn't really asking about econ 101 supply and demand theory in the abstract, and more about the specifics of likely scenarios.

If there's an export tax how likely is it to drive down the volume of export (and by how much), and what proportion of the value of the tax would eat into the profits or volumes for the exporters vs the profits for farmers vs being passed on to the consumers?

The question to which I responded was who, besides consumers and the government, would be affected by an export tax.  To which you responded with an incorrect assertion about the conditions under which exporters would be affected by an export tax.  Which I tried to correct.  To which you objected.

If your preference is not to be corrected by me, or to be addressed by me, or an American, it does seem that the clearest way to achieve that is to ask.

I shall refrain from commenting. 

[Jacob]

The question to which I responded was who, besides consumers and the government, would be affected by an export tax.  To which you responded with an incorrect assertion about the conditions under which exporters would be affected by an export tax.  Which I tried to correct.  To which you objected.

If your preference is not to be corrected by me, or to be addressed by me, or an American, it does seem that the clearest way to achieve that is to ask.

You seem to be having a very different conversation than the one I thought I was having.

[Zoupa]

The yanks are on edge lol.

[Josquius]

I'm increasingly seeing social media buzz about Canada joining the EU.
https://europeanmovement.eu/publication-articles/european-movement-international-strengthening-the-eu-canada-relationship-in-response-to-trumps-isolationism/

A bit far out there of course but I'm curious has this been seen at all in real world Canada or just 100% online people being silly?

I do think offering Trump a trade for Hungary is a good idea.

[Josephus]

Seems like JT is proposing to suspend Round 2 of tariffs IF Trump agrees to remove tariffs on ALL products not  just auto. Now THAT's what I'm talking about.

EDIT: All products covered in the trade agreement with the US and Mexico and Canada.

[Josephus]

LOLZ...in a social media post; Trump said that "He (Trudeau) was unable to tell me when the Canadian Election was taking place, which made me curious, like, what's going on here? I then realized he is trying to use the issue to stay in power. Good luck Justin"

[HVC]

I'm increasingly seeing social media buzz about Canada joining the EU.
https://europeanmovement.eu/publication-articles/european-movement-international-strengthening-the-eu-canada-relationship-in-response-to-trumps-isolationism/

A bit far out there of course but I'm curious has this been seen at all in real world Canada or just 100% online people being silly?

I do think offering Trump a trade for Hungary is a good idea.

Be funny if Canada joined the EU before turkey.

[PJL]

I personally would be fine with the EU going global with like minded democracies joining. Like Canada, Australia, Japan, S Korea etc.

[crazy canuck]

Maybe Trump is setting himself up for claiming he saved Canadian democracy when Trudeau steps down.

Some Americans may not know Trump had nothing to do with it.

But if that is what Trump needs to claim he won and this tariff nonsense comes to an end, so be it.

[crazy canuck]

I'm increasingly seeing social media buzz about Canada joining the EU.
https://europeanmovement.eu/publication-articles/european-movement-international-strengthening-the-eu-canada-relationship-in-response-to-trumps-isolationism/

A bit far out there of course but I'm curious has this been seen at all in real world Canada or just 100% online people being silly?

I do think offering Trump a trade for Hungary is a good idea.

That would only occur when it was clear NAFTA is dead.  It is much more likely that Canada would enter a series of bilateral agreements.