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Hi, I need some help with the following question, I am not too sure how to approach it. I just need some ideas so that I can draft my own answer.

Canadian products have a large market share in the United States? Is it because of the currency exchange? Does Canada produce certain products better than the US which the US can take advantage of? Explain.

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This solution discusses trade between Canada and the US.

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There are a variety of reasons why Canadian products have a large market share in the United States. Let's focus on the exchange rate first. The currency exchange rate between the United States and Canada fluctuates on a daily basis. Currently, the US dollar (USD) is slightly stronger than the Canadian dollar (CAD). The current exchange rate is $1.0039 USD vs. $1.000 CAD (the exchange rate data was found at the following website: ...

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