Which of the following is the least likely to have a negative impact on Canadian manufacturers and unions:
A) trade practices of foreign governments
B) monetary policy aimed at reducing inflation
C) the price elasticity of demand for the product produced by the employer
D) a decline in the value of the Canadian dollar
E) an increase in the value of the Canadian dollar

Question

Quizplus · Accepted Answer

A decline in the value of the Canadian dollar can actually benefit Canadian manufacturers and unions by making Canadian goods cheaper and more competitive on the international market. This can lead to increased demand for Canadian exports, potentially boosting production and employment in manufacturing sectors.

Which of the Following Is the Least Likely to Have