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    Macroeconomics Study Set 49
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    Exam 9: Comparative Advantage, Exchange Rates, and Globalization
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    If 1 Canadian Dollar Costs 0
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If 1 Canadian Dollar Costs 0

Question 87

Question 87

Multiple Choice

If 1 Canadian dollar costs 0.60 U.S.dollar, 1 U.S.dollar costs:


A) 0.40 Canadian dollar.
B) 0.60 Canadian dollar.
C) 1.40 Canadian dollars.
D) 1.67 Canadian dollars.

Correct Answer:

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