Global Political Economy International Business School

Country Economic Analysis Canada Research Paper Submitted to: Professor Mohtadi In partial fulfillment of the MBA course Global Political Economy Hult International Business School Submitted by: Sourav Adhikari - Francesco Campione - Itzeen Pla - Shalini Raina - Juan Diego Rojas - Jesus Verde August 4, 2015 Boston, Massachusetts Table of Contents Executive Summary 3 Macroeconomic trends. 4 Canada’s exchange rate and trade policies 4 Exchange Rate 5 Trade Policies 6 Canada’s monetary and fiscal policies 8 Monetary Policy 8 Fiscal Policy 8 Canada’s strengths. 9 Canada’s Weaknesses 11 Canada’s opportunities for growth. 11 Canada’s Threats 12 Exhibits 14 Executive Summary For the last 10 years, the Canada’s real GDP is increasing. This is not the only sign of a growing economy; the unemployment rate is decreasing as well. Foreign trade heavily sustains the Canadian economy; it accounts for 45% of the GDP. Canada is an open trade country, and thus its currency – the Canadian dollar – is a floating currency. After 1998, Canada also changed its intervention policy deciding for a discretionary intervention in only exceptional circumstances. The objective of Central Bank of Canada is to preserve the value of the currency by keeping down and stable the inflation rate. Canada has multiple strengths. Its main strengths lie in natural resources, diversified economy, high quality public education and political stability. Canada has also the most highly educatedShow MoreRelatedI Am The Owner Of My Company1061 Words   |  5 PagesI am the owner of my company - Hjerta Advisors, a corporate strategist firm specialized in government relations and financial services by providing back channel services to business leaders and government officials on current China economic affairs. If you are curious, Hjerta means heart in Swedish. 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