Canadian Dollar Fluctuations The Canadian one dollar add-in mark has declined by everywhere thirty percent versus the unify States dollar, since it was at its highest in 1970. The earth for this is mainly the following factors: the Quebec factor, the ostentatiousness factor, the productivity factor, the growth in government and taxes factor, and the commodity worth factor. These all come unneurotic to bring us to what the Canadian dollar is worth compared to the U.S. dollar today. The Quebec factor is partly prudent for the decline.
?It is no coincidence that the Canadian dollar began its descent to 69 cents in November 1976.?? That was the month in which the Parti Quebecois shocked governmental observers by winning the Quebec eclogue election. It was the first, and still only, party explicitly committed to separation to take the reins of power in Quebec City. ? man it is generally agreed that at that place is a chance premium built into the Canadian dollar because of the threat of sep...If you ask to get a full essay, site it on our website: OrderEssay.net
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