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If You Think the Canadian Dollar Will Depreciate, You Can

Question 71

Multiple Choice

If you think the Canadian dollar will depreciate, you can expect to make money by


A) only buying Canadian dollars.
B) only buying U.S. dollars.
C) only selling Canadian dollars.
D) only selling U.S. dollars.
E) both buying U.S. dollars and selling Canadian dollars.

Correct Answer:

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