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Which Statement Is Consistent with an Appreciation of the Dollar

Question 144

Multiple Choice

Which statement is consistent with an appreciation of the dollar?


A) Canadian goods become less expensive relative to foreign goods, which makes exports rise and imports fall.
B) Canadian goods become less expensive relative to foreign goods, which makes exports fall and imports rise.
C) Canadian goods become more expensive relative to foreign goods, which makes exports rise and imports fall.
D) Canadian goods become more expensive relative to foreign goods, which makes exports fall and imports rise.

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