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Click to read the article below and then answer the questions:

Canada cuts rates as trade war shakes consumer and business confidence

  • Explain why Canada’s central bank lowered interest rates, in part as a response to Trump’s trade war

  • Which components of GDP are impacted by the trade war? Explain the impact on each component, and the direction of the effect

Ariel Slonim at MRU’s Econ in the News



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