Assuming Canada Is the "Domestic" Country, If the Real Exchange

Multiple Choice

Assuming Canada is the "domestic" country, if the real exchange rate between Canada and Russia decreases from 28 to 23,

A) the prices of Canadian goods and services have decreased by 5 percent relative to Russia.
B) the prices of Canadian goods and services have increased by 25.5 percent relative to Russia.
C) the prices of Canadian goods and services have decreased by 18 percent relative to Russia.
D) the prices of Canadian goods and services have increased by 22 percent relative to Russia.
E) the prices of Canadian goods and services have increased by 4 percent relative to Russia.