Canadian Trade Balance Analysis
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Title: Canadian Trade Balance Analysis

Essay Details:

Subject: Business
Author: Mary Y
Date: November 30, 2013
Level: University
Grade: A
Length: 3 / 888

Essay text:

However, in the past 10 years the Canadian economy and especially the trade balance have been very healthy. Current Account Since 1992, Canada has increased their amount of exports of goods year-in and year-out until slight downfalls in 2001 and 2002. However, between 1992 and 2000 they raised exports from $135 billion to $289 billion, an increase of 114%. Imports of goods also rose consistently over that nine year period from $128 billion to $244 billion. The key fact there though is that imports rose only 90% compared to a rise in exports of 114%. This has allowed Canada to maintain a very healthy trade balance, which has also risen consistently except for a few decreases in 1997, 1998, and 2002...

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