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The Rising Value of the Canadian Dollar Relative to the U.S

Question 12

Multiple Choice

The rising value of the Canadian dollar relative to the U.S. dollar has which of the following effects?


A) Canadian imports to the United States are down.
B) Canadian vacationers pay higher costs for trips to the United States.
C) Canadian consumers pay higher prices for U.S.-made goods.
D) Canadian retailers in border towns lose customers to U.S. stores.

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