Section 1: Tiomthy Grass
The country of Canada can also profit from new trade deals, since they boost the economy. The company Brett Young distributes many grass seeds around the world from Manitoba, Canada (R. Mabon, personal communication, November 4th, 2016). Increasing their exports would expand their company and produce more Canadian jobs. They already distribute timothy seeds to China and would be willing to look into expanding their relations with Nepal (R. Mabon, personal communication, November 4th, 2016).
Northern Advantage
Canada can profit immensely from international trade with timothy seed because it is one of the highest winter resistant crops, with much greater ice tolerance than wheat (Andrews & Gudleifsson, 1983). This will now give Canada the opportunity to compete to be a main supplier and distributer of timothy seed with countries that rule the distribution market, like the United States, for most crops who require a longer growing season, like soybeans (Lee & Robinson, 2013).
New Market Advantage
It is a good idea to start exporting Timothy from Canada to Nepal because currently Canadian timothy seed exports go to the US and Europe, there is not yet a market connect North America and Asia (Alberta Agriculture and Forestry, 2004). There are no documented traces of timothy being grown in Nepal to date. Canada can profit from this immensely sine there is the opportunity for a trade agreement with no competition and will open opportunities to create a market for not only Nepal but its surrounding countries as well. Also, since it is a new market, there is nothing but growing potential, hence making the trade of timothy seed a smart investment for Canadian companies.
Northern Advantage
Canada can profit immensely from international trade with timothy seed because it is one of the highest winter resistant crops, with much greater ice tolerance than wheat (Andrews & Gudleifsson, 1983). This will now give Canada the opportunity to compete to be a main supplier and distributer of timothy seed with countries that rule the distribution market, like the United States, for most crops who require a longer growing season, like soybeans (Lee & Robinson, 2013).
New Market Advantage
It is a good idea to start exporting Timothy from Canada to Nepal because currently Canadian timothy seed exports go to the US and Europe, there is not yet a market connect North America and Asia (Alberta Agriculture and Forestry, 2004). There are no documented traces of timothy being grown in Nepal to date. Canada can profit from this immensely sine there is the opportunity for a trade agreement with no competition and will open opportunities to create a market for not only Nepal but its surrounding countries as well. Also, since it is a new market, there is nothing but growing potential, hence making the trade of timothy seed a smart investment for Canadian companies.