Which Statements Are True? a Higher Value of the Canadian

Multiple Choice

Which statements are true? A higher value of the Canadian dollar makes:
1) R.O.W. imports and assets more expensive for Canadians.
2) R.O.W. imports and assets less expensive for Canadians.
3) Canadian exports and assets more expensive for non-Canadians.
4) Canadian exports and assets less expensive for non-Canadians.

A) 1 and 3
B) 1 and 4
C) 2 and 3
D) 2 and 4
E) 2 only