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    Principles of Macroeconomics Study Set 7
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    Exam 11: Exchange Rates and the Balance of Payments
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    Which of the Following Is True of the Canadian Dollar,in
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Which of the Following Is True of the Canadian Dollar,in

Question 34

Question 34

Multiple Choice

Which of the following is true of the Canadian dollar,in terms of the U.S.dollar?


A) It has never been above par.
B) It has never been below $0.75.
C) It has always been overvalued.
D) It has been at par.

Correct Answer:

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