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Article #132How strong was the canadian dollar after GST?
From: Mark Mose
Date: Tue, 15 Feb 2000 00:00
Date: Tue, 15 Feb 2000 00:00
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1442 bytes
Hello, I know Australia is introducing a broad Goods and Services Tax (GST) in July. I understand this tax will work like the British Value Added Tax (VAT). I am interested in trying to find out what will happen to the strength of the Australian dollar immediately after the introduction of the GST. I can only compare it to the introduction of the GST in Canada in 1991, and in New Zealand previous to this. Can anyone tell me what happened to the strength of the Canadian dollar immediately after Canada introduced the GST in 1991? Many Thanks Mark mosem@oceanit.demon.co.uk
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