Explain how the rising value of the Canadian dollar relative to the U.S. dollar affects Canadian consumers, Canadian visitors to the United States, and Canadian exporters to the United States
What will be an ideal response?
The rising value of the Canadian dollar means that Canadian consumers pay lower prices for goods made in the United States, and Canadian vacationers to the United States enjoy lower cost trips. Canadian exporters to the United States, though, could see their business drop off as Americans import fewer Canadian-made goods.
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The formation of a sole proprietorship
A. Requires registration with the federal government's Small Business Administration. B. Requires a formal "doing business as" filing under state law if the proprietor plans to do business under a fictitious name. C. Requires formal registration in each state the proprietor plans to do business in. D. Is not as easy and inexpensive to form as an S corporation.
The Act of State Doctrine allows each nation to do as it wishes within its own boundaries without interference from other nations
Indicate whether the statement is true or false.