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FIGURE 34-3 Refer to Figure 34-3

Question 6

Multiple Choice

FIGURE 34-3 Refer to Figure 34-3.An increase in demand or decrease in the supply of foreign exchange will A) encourage Canadians to buy more European goods. B) encourage Europeans to buy fewer Canadian goods. C) cause the Canadian dollar to appreciate. D) cause the Canadian dollar to depreciate. E) have no effect on the exchange rate. FIGURE 34-3 Refer to Figure 34-3.An increase in demand or decrease in the supply of foreign exchange will


A) encourage Canadians to buy more European goods.
B) encourage Europeans to buy fewer Canadian goods.
C) cause the Canadian dollar to appreciate.
D) cause the Canadian dollar to depreciate.
E) have no effect on the exchange rate.

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