How does a government-supported health care system affect that country’s currency exchange rate?

February 24th, 2009 | by admin |
health care
Craig asked:


For example, if the Canadian government were to decide not to provide national health care to its citizens, mandating that employers pay part or all of the premiums instead, what would happen to the value of the Canadian dollar, and, therefore, the competitiveness of Canadian exports to the US? My econ professor brought this up last week and I’ve been noodling over it ever since. Would this weaken or strengthen the Canadian dollar and why? Thanks much!

Carrie
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    1. No Responses to “How does a government-supported health care system affect that country’s currency exchange rate?”

    2. By azkazk2005 on Feb 26, 2009 | Reply

      An international business in which the canadian dollar stronger.

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