摘要：In the midst of government deregulation of banks, waning distinctions among types of financial institutions, and new methods of corporate finance outside the traditional raies of banks, Chapter 17 of the Canada-U.s. Free Trade Agreement (FTA) opened the border to the establishment of banks and the provision of banking services from the other country. This article dcfines some of the choices faced by banks, especially ones of whether, where, and thraugh what form to engage in the international provision of commercial banking services. To make sense of these choices, this article turns to a company-focused, strategie-action framework, in which banks' international activities are viewed as reflections of their perceived strengths within a changing regulatory and competitive environment. This framework allows a discussion of the bilateral and subnational regional implications of the FTA, as weil as the interpretation of 50me basic statistics on current rclationships between U.s. and Canadian banks.
