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2 years ago

Would YOU PERSONALLY prefer a strong or weak Canadian dollar. Choose one and explain why?

Business

1 answer:

yKpoI14uk [10]2 years ago

8 0

Answer with Explanation:

I would personally prefer a "weak" currency because it will enable other foreign countries to enjoy Canadian exported goods. Although a strong currency makes people enjoy traveling abroad, a weaker currency allows people to enjoy local places, including local goods. This will help Canadians develop love for their own country.

A weak currency also allows foreign countries to enjoy the local goods of Canada, without stressing them on the price. If many foreign countries will import goods from Canada, it will increase the market share of exports for Canada. This means that many companies will focus on exporting their goods, thus leading to increase job employments. The economy will have the chance to boost.

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Select all of the information that appears on a bank statement.

Korolek [52]

account number

social security number

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2 years ago

Read 2 more answers

1. Which one of the following is not considered part

LiRa [457]

The part of a house that is not considered as the exterior finish of a house is the Ceiling of a porch or breezeway.

<h3>What is the exterior finish of a house?</h3>

The exterior finish of a house refers to an outer layer or structure that can be seen physically from the outside and add to the image of the entire house.

A cornice is a horizontal architectural design of a building that is positioned away from the main walls used in directing rainwater from the building walls.

Thus, the exterior finish of the house is:

An entry door
Cornice
Exterior wall coverings

From the given options;

The ceiling of a porch or breezeway is usually inside the house.

Therefore, the part of a house that is not considered as the exterior finish of a house is the Ceiling of a porch or breezeway.

Learn more about a house here:

brainly.com/question/1739912

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2 years ago

There is no nation involved in global trade that still maintains a fixed value of their currency relative to a key currency or g

kirza4 [7]

Answer:

a. true

Explanation:

Gold is a currency that is the free market system that will fluctuate tp the form of exchange and no country in international trade can maintain a fixed value of its currency relative to the key currency though they can trade gold in multiple ways and can participate in price movements.

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2 years ago

A minimum wage is an example of a price floor or minimum price that must be paid. If effective, such a price floor would be ____

valkas [14]

Answer:

If effective, such a price floor would be above the market price and would lead to a excess supply.

Explanation:

A price floor can be described as a price control in which the minimum price to be charged for goods and services is imposed by a government or a group.

For a price floor to be effective and binding, it has to be set above the market or equilibrium price. This is because a price floor will neither be effective nor nonbinding when it set below the equilibrium price.

Any price above the equilibrium or market price creates or leads to excess supply. Excess supply is a situation whereby quantiy of commodity supplied is more than the quantity demanded of the commodity.

Based on the above explanation, if effective, such a price floor would be above the market price and would lead to a excess supply.

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2 years ago

Suppose the federal government increases spending without also increasing taxes In a closed economy' setting this policy will (1

Leona [35]

Answer:

idk

Explanation:

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2 years ago