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The Demand for Canadian Dollars in the Foreign Exchange Market

Question 145

Multiple Choice

The demand for Canadian dollars in the foreign exchange market is a downward-sloping curve because,when the price of a dollar rises,


A) more Canadians want to purchase foreign goods,services,and assets.
B) fewer Canadians want to purchase foreign goods,services,and assets.
C) more foreigners want to purchase foreign goods,services,and assets.
D) fewer foreigners want to purchase Canadian goods,services,and assets.
E) more foreigners want to purchase Canadian goods,services,and assets.

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