Consider the following statement: The Alberta oil sands development has had a negative effect on manufacturing in

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Consider the following statement:

The Alberta oil sands development has had a negative effect on manufacturing in Canada because the emphasis on oil has driven up the value of the Canadian dollar and made Canadian manufacturers less competitive in export markets.

Do you agree or disagree with the statment? Defend you reasoning

Related Book For answer-question

Macroeconomics

ISBN: 978-1319120054

3rd Canadian edition

Authors: Paul Krugman, Robin Wells , Iris Au , Jack Parkinson

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Posted Date: Jan 05, 2021 12:21 PM

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Consider the following statement: The Alberta oil sands development has had a negative effect on manufacturing in

Question:

Expert Answer:

The assertion is valid As there is a positive improvement ... View the full answer

Macroeconomics

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