If the Price Levels in the U

Multiple Choice

If the price levels in the U.S and in Canada are unchanged,but the nominal exchange rate (Canadian dollars per U.S.dollar) rises,then

A) ​the U.S.dollar appreciates and so U.S.net exports rise.
B) the U.S.dollar appreciates and so U.S.net exports fall.
C) the U.S.dollar depreciates and so U.S.net exports rise.
D) the U.S.dollar depreciates and so U.S.net exports fall.