Multiple Choice
All of the following,except one,will be the result of an increase in the demand for the Canadian dollar on the foreign exchange markets.Which is the exception?
A) It will cause the dollar to appreciate.
B) It could have been caused by an increase in the supply of dollars.
C) It could have been caused by Canadian inflation rates being higher than those in other countries.
D) It could have been caused by Canadian interest rates being lower than those in other countries.
Correct Answer:
Verified
Correct Answer:
Verified
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