The main determinants of export performance in CANADA
Abstract
Due to the fact that the Gross Domestic Product (GDP) is calculated with the help of net export, we can assume that the country's export performance has a large effect on the economic growth of the country. Moreover, export has a positive influence on the relationship between countries and unemployment rates which have an indirect effect on the economy of the country. Being the determinant of the well-being of the country, export has its own factors such as Foreign Direct Investment (FDI), Inflation, Exchange rate, and so on.
This paper will analyze several determinants of export performance in Canada by discussing previous researches, empirical analysis of the collected data, and OLS assumptions. The results of the study can be helpful for understanding the factors of export and for making the right economic decisions in this sector.