Multiple Choice
The U.S. and Canada have significant trade with each other. Which of the following is true?
A) Canadian prices increase ⇒ Canadian exports increase ⇒ U.S. prices decrease.
B) Canadian prices increase ⇒ Canadian exports decrease ⇒ U.S. prices increase.
C) Canadian prices decrease ⇒ Canadian exports decrease ⇒ U.S. prices decrease.
D) Canadian prices decrease ⇒ Canadian exports decrease ⇒ U.S. prices increase.
Correct Answer:
Verified
Correct Answer:
Verified
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