Suppose Canada's Exchange Rate with the U

Multiple Choice

Suppose Canada's exchange rate with the U.S.dollar increases from 1.14 to 1.22.Which of the following is likely to happen?

A) More Canadians will cross the border to shop in the U.S.
B) It is less expensive for Canadians to shop online from U.S.retailers.
C) Fewer Canadians will cross the border to shop in the U.S.
D) The Canadian dollar value of Canada's imports from the U.S.will fall.
E) The Canadian dollar value of Canada's exports to the U.S.will fall.