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To: familyop

/NAFTA


2 posted on 01/21/2005 6:32:34 PM PST by maestro
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To: maestro

ten to twelve years ago the canadian dollar was worth 90 cents then in order to have jobs the government let the dollar drop to 60 cents against the american dollar. they need the lower value to make movies, sell wood and gas but now they will have to compete on an equal footing. Plus Bush is going to let some timber get cut. Canada is going to have to get to work and not just their immigrants.


3 posted on 01/21/2005 6:59:31 PM PST by q_an_a
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To: maestro
I'm a staunch defender of free trade, but U.S. monetary policy and trade are on the cusp of colossal failure. This is beyond common currency market distortions and unharmonized tariff/trade schedules. Big trouble ahead, and you are correct, NAFTA bears some blame.
4 posted on 01/21/2005 7:04:23 PM PST by Soylent Democrats
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