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Most Canadians Accept Canadian Dollars in Payment for Goods and Services

Question 36

Multiple Choice

Most Canadians accept Canadian dollars in payment for goods and services in Canada because they have confidence that the dollar


A) will be accepted in the future.
B) is fully convertible into gold.
C) is accepted by foreigners as more stable than their own currency.
D) is fully convertible into American dollars at a set exchange rate.
E) is fully backed by the British pound sterling.

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