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Stells [14]
2 years ago
13

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 <u>it will enable other foreign countries to enjoy Canadian exported goods.</u> Although a strong currency makes people enjoy <em>traveling abroad</em>, a weaker currency allows people to<em> enjoy local places, including local goods</em>. This will help Canadians develop love for their own country.

A weak currency also allows foreign countries to<em> enjoy the local goods of Canada, without stressing them on the price</em>. 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. <u>The economy will have the chance to boost.</u>

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3 years ago
"Ethan (single) purchased his home on July 1, 2009. He lived in the home as his principal residence until July 1, 2016, when he
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Ethan's post 2009 non-qualified use is 2 years.

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7 0
3 years ago
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