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    Do Relative Canada/U.S. Prices Equate to the Exchange Rate?

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    Chart 1 US$/CAN$ market exchange rate and Purchasing Power Parity US$/CAN$ exchange rate, 1970 to 2010

    Chart 2 US$/CAN$ market exchange rate and Purchasing Power Parity US$/CAN$ exchange rate for goods and services, 1970 to 2010

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