written by Eric J. Ma on 2021-05-06 | tags: til
Today I learned that Canada exports education.
Today, I learned that one of Canada's exports is actually education.
It sounds weird, but I learned this from Economics Explained, and I think I can follow the logic.
A foreign student who studies in Canada brings money into the country. Four years later (or longer), Canada sends that student back to their home country. Canada's economy gets money up-front, while the foreign country gets a smarter student later on.
Economists have a very different way of looking at the world.
@article{
ericmjl-2021-canada-exports-education,
author = {Eric J. Ma},
title = {Canada exports education},
year = {2021},
month = {05},
day = {06},
howpublished = {\url{https://ericmjl.github.io}},
journal = {Eric J. Ma's Blog},
url = {https://ericmjl.github.io/blog/2021/5/6/canada-exports-education},
}
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