The following data summarize the trade between Canada and the United States in 2013 and 2014. In

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The following data summarize the trade between Canada and the United States in 2013 and 2014.

Exports from Canada to the Exports from the United States to Canada (billions of U.S. dollars) United States (billions o

In each year, the value of Canada's exports to the United States exceeded the value of U.S. exports to Canada. Can we conclude that foreign trade between the two countries benefited Canada more than it benefited the United States? Briefly explain.

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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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Question Posted: Nov 01, 2017 07:02 AM

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The following data summarize the trade between Canada and the United States in 2013 and 2014. In

Question:

Exports from Canada to the Exports from the United States to Canada (billions of U.S. dollars) United States (billions of U.S. dollars) $332.6 2013 $300.8 2014 312.4 347.8

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Both countries benefited from their bilateral trade It is not possible to determine whic...View the full answer

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