Until, these countries that are buying American products have people that realise their ability and ease of making "knock-off" products for less. Then less countries buy our products for favor of buying their domestic versions. And the cycle continues...
Knock off is cheap and customers buy knock off once or twice at best. In the bottom line, I rather pay more and get the REAL thing.
However, I do not agree that I, as a Canadian citizen, should pay 6 dollars more for a 16 oz bag of coffee grain. Look at car mags, Cars themselves,(I work for Volvo and this whole high dollar does temps some customers to buy cars in FL cash and comeback here), gas, leisure equip and I skip ALOT.
Long term problems. Exports:Toys, Wood (paper), Filming industry. Bonus: More buying power, cost almost alot less to go to the US, I don't know why someone would do that :lol: but for a few days, I guess it's good.
Will the dollar stay this high? Absolutely not. It is/should go back down to 87.00cents within the next few months based on exports, job status and the world economy.
Untill then, save your Loonies, Twonies for those other Canadians and if US$, keep some in case.