Rather than relying on a combination of anti-inflationary policies and loose monetary policy (a low Canadian dollar) to maintain their competitiveness, what should Canadian business have been doing instead?

Question

Quizplus · Accepted Answer

Investing in productivity with their profits is the correct approach for Canadian businesses to maintain competitiveness. This involves using profits to improve efficiency, innovate, and enhance the quality of goods and services, rather than relying solely on external economic policies or currency valuation.

Rather Than Relying on a Combination of Anti-Inflationary Policies and Loose