Multiple Choice
Depreciation of the Canadian dollar will tend to:
A) decrease the prices of both Canadian imports and exports
B) increase the prices of both Canadian imports and exports
C) decrease the prices of the products that Canadians import, but increase the prices to foreigners of the products that Canadians export
D) increase the prices of the products that Canadians import, but decrease the prices to foreigners of the products that Canadians export
E) have no effect on the prices of Canadian imports and exports
Correct Answer:

Verified
Correct Answer:
Verified
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