Solution-Create unemployment in canada

Create unemployment in canada

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Question: Supposing that Canada and China were the only two countries in the world, why would it be impossible for Canada to import a greater value of goods from China than the value we export to China, even if China produced most goods more cheaply than Canada? Use this example to explain why increasing our imports from China can never create unemployment in Canada.

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This assignment has been written in word. It is based on seeing the implications of export and import's on the country's welfare when there are only two countries in the economy. It is original work with no plagiarism

Reference no: EM131405868

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Create unemployment in canada

Reference no: EM131405868

Reference no: EM131405868

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