How is Canada affected by the american deficit?

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How is Canada affected by the american deficit?

2006-10-31 05:01:54 · 3 answers · asked by bernard j 1 in Social Science ➔ Economics

3 answers

If you're referring to the trade deficit then they're probably fine with it (although, long-term economic disequilibrium is never a good thing) because that means that we are buying more from abroad then we are selling. Seeing as Canada is our biggest trading partner, this undoubtedly helps their economy.

2006-10-31 08:40:08 · answer #1 · answered by jthomas1279 2 · 0⤊ 0⤋

Try these websites for information on the U.S. Trade Deficit:

http://www.epinet.org/content.cfm/webfeatures_viewpoints_tradetestimony

http://www.epi.org/newsroom/releases/2006/09/NAFTA-Canada.pdf

2006-10-31 13:20:47 · answer #2 · answered by suctioncup83616 4 · 0⤊ 0⤋

Which deficit, budget or trade?

2006-10-31 13:03:11 · answer #3 · answered by NC 7 · 0⤊ 0⤋