How Does the Value of the U.S. Dollar Impact Canada

The value of the U.S. dollar impacts the economy of Canada through a number of means, including its imports, exports, and local and foreign businesses, which in turn affects average Canadian citizens and their spending habits. Generally speaking, a rise in the value of one currency hurts exporters as it raises the costs of their goods in foreign countries, but it also provides added benefit to importers as the cost of foreign goods declines. Therefore, all else being equal, a rise in the value of a currency will cause imports to rise and exports to fall. Imagine the world where the Canadian Dollar is worth 50 cents American, then one day theres a flurry of trading on Foreign Exchange (Forex) markets, and when the market stabilizes, a Canadian Dollar is selling at par with a U.S. Dollar. First, consider what happens to Canadian companies exporting to the United States. Exports Fall When Currency Exchange Rates Increase Suppose a Canadian manufacturer sells hockey sticks to retailers for the price of $10 Canadian each. Before the currency change, it would cost American retailers $5 each per stick, since one American dollar is worth two American ones, but after the American dollar falls in value, American companies have to pay $10 U.S. dollars to purchase a stick, doubling the price for those companies. When the price of any good goes up, we should expect the quantity demanded to fall, thus the Canadian manufacturer will likely not make as many sales; however, note that Canadian companies are still receiving the $10 Canadian per sale that they did before, but theyre now making fewer sales, which means their profits are probably only marginally impacted. What if, however, the Canadian manufacturer originally priced his sticks at $5 American? It is pretty common for Canadian companies to price their goods in U.S. Dollars if they export many goods to the United States. In that case, before the currency change the Canadian company was getting $5 U.S. from the American company, taking it to the bank, and getting $10 Canadian in return, meaning they would only be receiving half as much income as they had before. In either of these scenarios, we see that — all else being equal — a rise in the value of the Canadian Dollar (or alternative a fall in the value of the U.S. Dollar), causes reduced sales for the Canadian manufacturer (bad), or reduced revenue per sale (also bad). Imports Rise When Currency Exchange Rates Increase The story is quite the opposite for Canadians who import goods from the United States. In this scenario, a Canadian retailer who is importing baseball bats from a U.S. company before the increased exchange rate for $20 American Dollars is spending $40 Canadian to purchase these bats. However, when the exchange rate goes to par, $20 American is the same as $20 Canadian. Now Canadian retailers can purchase U.S. goods for half the price they were previously.​Â  The exchange rate goes to par, $20 American is the same as $20 Canadian. Now Canadian retailers can purchase U.S. goods for half the price they were previously. This is great news for Canadian retailers, as well as Canadian consumers, as some of the savings are likely to be passed onto the consumer. Its also good news for American manufacturers, as now Canadian retailers are likely to buy more of their goods, so they will make more sales, while still getting the same $20 American per sale as they were receiving before.

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Deception Point Page 91 Free Essays

Rachel stood in silence as the Bathynomous pages rolled out of the printer. She tried to tell herself this was all an honest NASA mistake, but she knew it was not. People who made honest mistakes didn’t try to kill people. We will write a custom essay sample on Deception Point Page 91 or any similar topic only for you Order Now The nasal voice of Corky echoed suddenly across the lab. â€Å"Impossible!† Both Tolland and Rachel turned. â€Å"Measure the damn ratio again! It makes no sense!† Xavia came hurrying in with a computer printout clutched in her hand. Her face was ashen. â€Å"Mike, I don’t know how to say this†¦ † Her voice cracked. â€Å"The titanium/zirconium ratios we’re seeing in this sample?† She cleared her throat. â€Å"It’s pretty obvious that NASA made a huge mistake. Their meteorite is an ocean rock.† Tolland and Rachel looked at each other but neither spoke a word. They knew. Just like that, all the suspicions and doubts had swelled up like the crest of a wave, reaching the breaking point. Tolland nodded, a sadness in his eyes. â€Å"Yeah. Thanks, Xavia.† â€Å"But I don’t understand,† Xavia said. â€Å"The fusion crust†¦ the location in the ice-â€Å" â€Å"We’ll explain on the way to shore,† Tolland said. â€Å"We’re leaving.† Quickly, Rachel collected all the papers and evidence they now had. The evidence was shockingly conclusive: the GPR printout showing the insertion shaft in the Milne Ice Shelf; photos of a living sea louse resembling NASA’s fossil; Dr. Pollock’s article on ocean chondrules; and microprobe data showing ultradepleted zirconium in the meteorite. The conclusion was undeniable. Fraud. Tolland looked at the stack of papers in Rachel’s hands and heaved a melancholy sigh. â€Å"Well, I’d say William Pickering has his proof.† Rachel nodded, again wondering why Pickering had not answered his phone. Tolland lifted the receiver of a nearby phone, holding it out for her. â€Å"You want to try him again from here?† â€Å"No, let’s get moving. I’ll try to contact him from the chopper.† Rachel had already decided if she could not make contact with Pickering, she’d have the Coast Guard fly them directly to the NRO, only about 180 miles. Tolland began to hang up the phone, but he paused. Looking confused, he listened to the receiver, frowning. â€Å"Bizarre. No dial tone.† â€Å"What do you mean?† Rachel said, wary now. â€Å"Weird,† Tolland said. â€Å"Direct COMSAT lines never lose carrier-â€Å" â€Å"Mr. Tolland?† The Coast Guard pilot came rushing into the lab, his face white. â€Å"What is it?† Rachel demanded. â€Å"Is someone coming?† â€Å"That’s the problem,† the pilot said. â€Å"I don’t know. All onboard radar and communications have just gone dead.† Rachel stuffed the papers deep inside her shirt. â€Å"Get in the helicopter. We’re leaving. NOW!† 109 Gabrielle’s heart was racing as she crossed the darkened office of Senator Sexton. The room was as expansive as it was elegant-ornate wood-paneled walls, oil paintings, Persian carpets, leather rivet chairs, and a gargantuan mahogany desk. The room was lit only by the eerie neon glow of Sexton’s computer screen. Gabrielle moved toward his desk. Senator Sexton had embraced the â€Å"digital office† to maniacal proportions, eschewing the overflow of file cabinets for the compact, searchable simplicity of his personal computer, into which he fed enormous amounts of information-digitized meeting notes, scanned articles, speeches, brainstorms. Sexton’s computer was his sacred ground, and he kept his office locked at all times to protect it. He even refused to connect to the Internet for fear of hackers infiltrating his sacred digital vault. A year ago Gabrielle would never have believed any politician would be stupid enough to store copies of self-incriminating documents, but Washington had taught her a lot. Information is power. Gabrielle had been amazed to learn that a common practice among politicians who accepted questionable campaign contributions was to keep actual proof of those donations-letters, bank records, receipts, logs-all hidden away in a safe place. This counterblackmail tactic, euphemistically known in Washington as â€Å"Siamese insurance,† protected candidates from donors who felt their generosity somehow authorized them to assert undue political pressure on a candidate. If a contributor got too demanding, the candidate could simply produce evidence of the illegal donation and remind the donor that both parties had broken the law. The evidence ensured that candidates and donors were joined at the hip forever-like Siamese twins. Gabrielle slipped behind the senator’s desk and sat down. She took a deep breath, looking at his computer. If the senator is accepting SFF bribes, any evidence would be in here. Sexton’s computer screensaver was an ongoing slideshow of the White House and its grounds created for him by one of his gung-ho staffers who was big into visualization and positive thinking. Around the images crawled a ticker-tape banner that read: President of the United States Sedgewick Sexton†¦ President of the United States Sedgewick Sexton†¦ President of the†¦ Gabrielle jostled the mouse, and a security dialogue box came up. Enter Password:_ She expected this. It would not be a problem. Last week, Gabrielle had entered Sexton’s office just as the senator was sitting down and logging onto his computer. She saw him type three short keystrokes in rapid succession. â€Å"That’s a password?† she challenged from the doorway as she walked in. Sexton glanced up. â€Å"What?† â€Å"And here I thought you were concerned about security,† Gabrielle scolded good-naturedly. â€Å"Your password’s only three keys? I thought the tech guys told us all to use at least six.† â€Å"The tech guys are teenagers. They should try remembering six random letters when they’re over forty. Besides, the door has an alarm. Nobody can get in.† Gabrielle walked toward him, smiling. â€Å"What if someone slipped in while you’re in the loo?† â€Å"And tried every combination of passwords?† He gave a skeptical laugh. â€Å"I’m slow in the bathroom, but not that slow.† â€Å"Dinner at Davide says I can guess your password in ten seconds.† Sexton looked intrigued and amused. â€Å"You can’t afford Davide, Gabrielle.† â€Å"So you’re saying you’re chicken?† Sexton appeared almost sorry for her as he accepted the challenge. â€Å"Ten seconds?† He logged off and motioned for Gabrielle to sit down and give it a try. â€Å"You know I only order the saltimbocca at Davide. And that ain’t cheap.† She shrugged as she sat down. â€Å"It’s your money.† Enter Password:_ â€Å"Ten seconds,† Sexton reminded. Gabrielle had to laugh. She would need only two. Even from the doorway she could see that Sexton had entered his three-key password in very rapid succession using only his index finger. Obviously all the same key. Not wise. She could also see that his hand had been positioned over the far left side of his keyboard-cutting the possible alphabet down to only about nine letters. Choosing the letter was simple; Sexton had always loved the triple alliteration of his title. Senator Sedgewick Sexton. Never underestimate the ego of a politician. She typed SSS, and the screensaver evaporated. Sexton’s jaw hit the floor. That had been last week. Now, as Gabrielle faced his computer again, she was certain Sexton would not have taken time yet to figure out how to set up a different password. Why would he? He trusts me implicitly. She typed in SSS. Invalid Password – Access Denied Gabrielle stared in shock. Apparently she had overestimated her senator’s level of trust. 110 The attack came without warning. Low out of the southwest sky above the Goya, the lethal silhouette of a gunship helicopter bore down like a giant wasp. Rachel had no doubt what it was, or why it was here. How to cite Deception Point Page 91, Essay examples

Macbeth Sybolism Essay Example For Students

Macbeth Sybolism Essay Witchcraft is one of the main aspects of the of the play, Macbeth. To reveal this, forshadowing is used in the first part of the play. The three witches were predicting the fate of Macbeths and Banquos furtures. In addition predicting whether or not that Macbeth would be king, and that Banquos sons may play a part in the vision. Macbeth would be a fool to believe these wretched hags, they were only pretending to lead him on. It is hard to believe that Macbeth actually believed the witches in their predictions. In the middle of the play he felt like all of their predictions had come true. Then the witches predicted the Banquos son, Fleance, could become king. Macbeth had to take action, because he was destin to be king. Ambitious power and reaching the throne is more important to Macbeth than a friendship. The eight kings, which are the future kings of Banquos sons, represent how quickly death can come to one who is at the throne. Some lived briefly, such as King Duncan, who was murdered by Macbeth. Macbeth was undoubtly obsessed with becoming king, and with this obsession, he took King Duncans life. Lady Macbeth was just concerned for her husbands success, so she assisted Macbeth in the murder of King Duncan. She took care of every detail in the kings murder, but every detail drove her Macbeth holding the dagger reveals how brave, ambitious, and determined he was. He had to be the next to the throne, so he had to prevent any future kings from getting in his way. This gave him reason to kill his best friend, Banquo, which filled him with guilt and remorse for this action. He took on all of what was infront of him, and seems strong as a king. Then he proves he is human by having a breaking point, at the sight of The skeletons behind the three witches show how all their predictions broug ht death. It all most appears as if death is lurking around the three witches, it creeps behind them and even haunts them. They could also be posed as the ghost of the people that have been killed in battle by Macbeth, but in skeletal form it gives them a more warlike Blood is known to all of us to represent life, death and often injury. Throughout the play, the use of blood conveys a theme of death, murder and treason. When Macbeth sees the dagger floating in the air leading him to Duncans room and he sees on the blade and dudgeon gouts of blood, indicating that the knife has been visciously and violently stabbed into someone. Blood is mentioned often in the play by other characters also, and most times in reference to murder or treason. The animals used to portray foreshadowing in the play is greatly important, they also help with the developement of character and association. Shakespeare uses a cat as a spirit, as cats are significant to witches. A toad portrays the witches ugliness, as described earlier in the play. This all so shows that even with their ugliness, they do have foretelling knowledge. The animals used in association with the witches help charaterize the witches personallity and point of view. The use of the supernatural in Macbeth results quite well with the respect of the unknown. Without the witches, the ghost, the visions, and the apparitions, Macbeth would have been a dull and tiresome play. This ancient superstition of spirits enhanced the Bibliography: