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Unformatted text preview: Question 3: If the Canadian dollar appreciates, I as a consumer am better off because he value of my money is higher. Also imports are cheaper. As a Canadian manufacturer I am worse off if I want to export my good. But might be better off if people feel richer and buy more. Or better if need to import parts. Yes it matter what type of manufacturer you are, if you create parts, and other countries need to buy, you are worse off. Also the manufacturers of domestic goods that have to compete with foreign goods, are worse off because foreign goods are now cheaper. Questions 4: Inflation rate is -0.8. Huh?! Question 5:...
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- Spring '10