Question
Consider the following statement: The Alberta oil sands development has had a negative effect on manufacturing in Canada because the emphasis on oil has driven
Consider the following statement:
The Alberta oil sands development has had a negative effect on manufacturing in Canada because the emphasis on oil has driven up the value of the Canadian dollar and made Canadian manufacturers less competitive in export markets.
Do you agree or disagree with the statment? Defend you reasoning
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Macroeconomics
Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson
3rd Canadian edition
1319120083, 1319120085, 1319190111, 9781319190118, 978-1319120054
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