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Unambiguously good for canada

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Reference no: EM132421866

How to analyze: Adjusted for inflation, the price of oil increased from about $30 a barrel in 2002 to about $100 a barrel in 2008 and (except for 2009-10) remained around that level until mid-2014. Being Canada an oil exporter, some observers concluded that this dramatic increase in the price of oil was 'unambiguously good' for Canada. (from perspective of heterodox and orthodox)(critical comment)

Reference no: EM132421866

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