An appreciation of the Canadian dollar implies ________ in the value of the dollar relative to other currencies,such that ________.
A) a fall; fewer dollars are required to purchase foreign currency
B) a fall; such that more dollars are required to buy foreign currency
C) a rise; fewer dollars are required to purchase foreign currency
D) a rise; more dollars are required to purchase foreign currency
E) a rise; more foreign currency is held by the Bank of Canada
Correct Answer:
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