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Suppose the Canadian Dollar Rose from (US)$0

Question 149

Multiple Choice

Suppose the Canadian dollar rose from (US) $0.90 to (US) $0.95.Exports of Canadian goods would then be likely to _______,and the Bank of Canada would likely __________interest rates.


A) decrease; raise
B) increase; raise
C) decrease; lower
D) increase; lower
E) it is not possible to tell from the information given

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