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Harsh asked in Social ScienceEconomics · 7 years ago

How are China's falling import prices helping them?

My econ professor asked this question today, their import prices to Canada are decreasing every year and Canada's export prices are increasing. How are these factors benefiting both countries?

1 Answer

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  • Anonymous
    7 years ago
    Favorite Answer

    It will increase the terms of trade and well-being for Canada, but bad for China.

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