Multiple Choice
Depreciation of the Canadian dollar will tend to:
A) decrease the prices of both imports and exports.
B) increase the prices of both imports and exports.
C) decrease the prices of the goods Canadians import, but increase the prices to foreigners of the goods Canadians export.
D) increase the prices of the goods Canadians import, but decrease the prices to foreigners of the goods Canadians export.
Correct Answer:
Verified
Correct Answer:
Verified
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