Asked by Elizabeth

Is it better if canadian dollar has high value or low value for canada. I think high value is better. But I'm not sure
Answered by Lucina
We had this discussion in class once. Our teacher told us it would end up being worse for Canada as U.S is our main trading partner. U.S would decrease trade as they'd find our price for goods to high. So it would affect is negatively as we are not exporting much
Answered by Lucina
Oh sorry, I thought you said Canadian dollar vs American dollar.
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