This document provides an agenda for discussing merchandise trade and its importance to countries. It begins with an introduction on why businesses and governments rely on trade and foreign investment. It then defines merchandise trade and discusses export-dependent countries. Next, it explains what foreign investment protection agreements (FIPAs) are and their importance for trade deals involving Canada. The document proceeds to discuss Canada's exports, trade imbalances, and issues impacting its merchandise trade competitiveness. Additional sources on related trade topics are provided.