At the same time, the weakness of the U.S. economy, the strength of our dollar (reflecting the increase in our terms of trade and the relative weakness of the U.S. dollar), and competition from Asia have led to flat to declining exports, especially in the manufacturing sector. Thus, overall, what we have had in Canada is strong domestic demand offsetting a weak traded-goods sector.
Deutsche Bundesbank (2018), Payment behaviour in Germany in 2017 – fourth study of the utilisation of cash and cashless payment instruments. 2. J. L. Korella and W. Li (2018), Retail payment behaviour and the adoption of innovative payments: a comparative study in China and Germany, Journal of Payment Systems and Strategy, Vol. 12, No 3, pp. 245-265.