Imports into Canada, Canadians travelling outside of Canada, and capital flows out of Canada to purchase foreign assets all give rise to
A) a supply of Canadian currency on the foreign- exchange market.
B) an increase in foreign- exchange reserves in Canada.
C) a higher value of the Canadian dollar.
D) a supply of foreign currency on the foreign- exchange market.
E) an appreciation of the Canadian dollar.
Correct Answer:
Verified
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