Canada and a Exchange Rate Essay by Master Researcher
Canada and a Exchange Rate
This six-page paper analyzes whether Canada should have a fixed exchange rate with The U.S.A or not.
# 43325 | 1,400 words | 6 sources | 2002 |
Published on Oct 24, 2003 in Economics (International) , Canadian Studies (Economics and Finance)
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Canada has suffered without a fixed exchange rate with the United States. It has either lacked growth, had increased unemployment or high inflation with its flexible exchange rate regime. During the life of the young Bank of Canada, the country has done its best when it had a fixed exchange rate with the US. Fixed exchange rates provide immunity against crises and failure.
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