Multiple Choice
In the case where interest rates are higher in Canada,which of the following is an example of a "carry trade"
A) Increase borrowing in the US,convert to Canadian dollars and invest in Canada
B) Increase borrowing in the US and invest in the US
C) Increase borrowing in Canada,convert to dollars and invest in the US
D) Increase borrowing in Canada and invest in Canada
Correct Answer:

Verified
Correct Answer:
Verified
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