Today the U.S. dollar is worth 1.5 Canadian dollars. By the end of the month, it is expected that the
u.S. dollar will be worth 1.2 Canadian dollars. This belief
A) decreases the value of exports to Canada.
B) increases the demand for U.S. dollars.
C) decreases the demand for U.S. dollars.
D) decreases the demand for Canadian dollars.
Correct Answer:
Verified
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