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One strong indication of the dollar appreciation is that of the financial market. You can see the share prices decrease. At the same time the dollar appreciated drastically. This could have been due to the flooding of U.S. markets for higher rates of return.
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Demand, on the other hand, has somewhat stayed the same. There were periods when it was up and periods when it was down. When the demand for passenger cars was falling, Canadians were looking elsewhere to buy their cars. This factor would, most likely appreciate the dollar because, one again, the Canadians would need the U...
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