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Department of economics the university of british columbia july 2001 abstract: this study re-examines the macroeconomic behaviour of canada in the decade of the 1840s. It challenges the view that the canadian market for wheat was independent of the british market by showing a close coherence of british and montreal prices.
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Paper is to challenge these propositions and in the process to reassess the macroeconomic history of canada in the 1840s. Mcinnis on the price of wheat mcinnis’ broader purpose was to demonstrate that the staple theorists’ emphasis on the role of wheat.
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