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For Canada,the Term "Exchange Rate," as Used by Most Economists,refers

Question 36

Multiple Choice

For Canada,the term "exchange rate," as used by most economists,refers to


A) the price at which purchases and sales of foreign goods take place in Canada.
B) Canadian exports minus imports.
C) the price of foreign currency in terms of Canadian dollars.
D) the ratio of Canadian exports to imports.
E) dividends from foreign sources minus interest paid by residents to non-residents.

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