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    Principles of Macroeconomics Study Set 7
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    Exam 11: Exchange Rates and the Balance of Payments
  5. Question
    If Canada Were on a Fixed Exchange-Rate System,an Increase in the Demand
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If Canada Were on a Fixed Exchange-Rate System,an Increase in the Demand

Question 72

Question 72

True/False

If Canada were on a fixed exchange-rate system,an increase in the demand for the Canadian dollar would result in the dollar being undervalued.

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