Go to Statistics Canada's website: www.statcan.gc.ca. Search for exports and imports, and answer the following questions related
Question:
a. For the most recent year shown, what was the value of Canada's exports to the United States? To the European Union?
b. For the same year, what was the value of Canada's imports from the United States? From the European Union?
c. Compute what economists call the "volume of trade" (the sum of exports and imports) between Canada and the United States. How has the volume of trade grown over the past five years? Has trade grown faster than national income?
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Related Book For
Microeconomics
ISBN: 978-0321866349
14th canadian Edition
Authors: Christopher T.S. Ragan, Richard G Lipsey
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