In his comment “Canadian-American Reciprocity,” R. E. Ankli raises a number of conceptual, methodological, statistical, and interpretive issues about our article, “The Canadian-American Reciprocity Treaty of 1855 to 1866.” Although some points are well raised, the majority appear to stem from a misunderstanding of our work. Nevertheless, it should be stated at the outset that despite his criticisms, Ankli does not quarrel with our conclusions that (1) Reciprocity cannot conclusively be said to have benefited Canada; (2) Reciprocity alone did not appreciably increase Canadian trade; and (3) Reciprocity was not necessarily beneficial from a welfare standpoint. In fact, Ankli seems concerned that others may have hinted at these conclusions previously. While we feel our conclusions do differ essentially from the traditionally-stated views, our purpose was not to quibble over who first said what, but rather to introduce more meaningful and comprehensive data and to analyze the question in the context of modern trade theory.