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When U.S. GDP grows more quickly compared to Canada, Question 16 options: Canadian firms will export more, leading to faster Canadian GDP growth. Canadian prices

When U.S. GDP grows more quickly compared to Canada,

Question 16 options:

Canadian firms will export more, leading to faster Canadian GDP growth.

Canadian prices will rise more quickly causing household disposable income to fall in Canada.

Canadians will import some of the newly made American goods, causing Canadian GDP to shrink.

Canadian firms will invest less, causing domestic investment to fall and Canadian GDP to rise.

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