Other things being equal, an appreciation of the domestic currency tends to
A) encourage foreigners to travel to Canada.
B) have a positive effect on the domestic trade account.
C) encourage merchandise imports.
D) encourage merchandise exports.
E) discourage Canadians from travelling abroad.
Correct Answer:
Verified
Q84: imbalances in the balance of payments.
A)2 only
B)1
Q85: For Canada, the term "exchange rate", as
Q86: Other things being equal, an appreciation of
Q87: Suppose the Bank of Canada raises its
Q88: Consider the market in which Canadian dollars
Q90: Long- term capital movements are largely influenced
Q91: An increase in a country's current account
Q92: The capital- service account in Canada's balance-
Q93: Suppose that a country's private saving is
Q94: an appreciation of its currency.
A)2 only
B)1 and
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