MGTA01H3 Study Guide - Final Guide: Absenteeism, Canada Revenue Agency, Canadian Dollar

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21 Oct 2012
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MGTA01H3 Full Course Notes
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MGTA01H3 Full Course Notes
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In spring of 2008, the canadian dollar was worth approximately 94 us cents (i. e. cdn = ussh. 94). Now the canadian dollar is worth approximately 80 us cents (i. e. cdn = ussh. 80). How is this change likely to have affected canada s balance of trade with the united. The question is asking how fluctuations in the value of currency affect the balance of trade. - if the value of the canadian dollar rises, what effect does that have upon the cost of. Remember to work through the answer logically and completely. The question asks how a change in currency affects the balance of trade. Work out all the implications until you have an answer. It is often said that war is good for the economy . To answer such a question, ask yourself, what would be good for the economy? .