A former Canadian prime minister once suggested that Canada should try to have balanced trade, industry by
Question:
A former Canadian prime minister once suggested that Canada should try to have balanced trade, industry by industry.
a. Do you think this makes sense? Explain.
b. How about the idea of balanced trade, country by country? Explain whether this makes sense.
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a Whether aiming for balanced trade industry by industry makes sense depends on various factors including the structure of the economy global trade dynamics and the competitiveness of different indust...View the full answer
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