Effect of foreign imports
What effect do foreign imports have onto domestic price & quantity of Canada bank?
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Canada does not contain a comparative advantage in this product since the world price Pw is below the Canadian domestic price of Pd. Imports will decrease the price of Pw, raising consumption from non-trade Qc to Qe and reducing domestic production from Qc to Qa.
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Financial Reporting: It is a set of documents made generally by government agencies at the end of accounting period. It usually enclose summary of accounting data for that time period, with background forms, notes, and other information.
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