Canada has become a more open economy because
A) greater trade restrictions elsewhere in the world make trade with Canada attractive.
B) of the European Union.
C) the United States has a fragile financial sector.
D) it is cheaper to ship goods between countries, and there are fewer trade restrictions.
E) the Bank of Canada promotes international trade.
Correct Answer:
Verified
Q4: What explains the trends in nominal interest
Q5: Persistent current account deficits make sense if
A)personal
Q6: The real interest rate is
A)equal to the
Q7: During the 2008 2009 recession in Canada
A)unemployment
Q8: Neo-Fisherism says
A)the central bank should increase inflation
Q10: The unemployment rate in 2018
A)was higher than
Q11: Reductions in the real interest rate caused
Q12: A trade-off between aggregate output and inflation
A)is
Q13: Countries gain from
A)taxes.
B)long-run tradeoffs between aggregate output
Q14: The inflation rate has been low in
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