Question

What economical impacts has the United States had on Canada beginning in the 1920’s to the 1980’s?

A. Positive economic growth
B. Negative economic downturn
C. Mixed economic consequences
D. Neutral economic influence

Answer 1

The United States had a mixed economic impact on Canada from the 1920s to the 1980s, with both positive and negative consequences.

Step-by-step explanation:

Beginning in the 1920s and continuing into the 1980s, the United States had a significant economic impact on Canada. This impact can be characterized as mixed economic consequences. On one hand, there were positive aspects such as increased trade and the creation of the Canada-U.S. Free Trade Agreement in the 1980s. This agreement eliminated barriers to the movement of goods and services between the two countries. On the other hand, there were negative consequences such as competition from American manufacturers and the decline in Canadian exports due to fluctuations in currency exchange rates. Overall, the economic relationship between the United States and Canada during this period had both positive and negative effects on Canada's economy.