If a country has a high rate of inflation relative to Canada (holding the real exchange rate fixed), the dollar will buy:
A)less of the foreign currency over time.
B)more of the foreign currency over time.
C)the same amount of the foreign currency over time.
D)an amount of foreign currency determined by the real exchange rate.

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The Answer of If a country has a high rate of inflation relative to Canada (holding the real exchange rate fixed), the dollar will buy:
A)less of the foreign currency over time.
B)more of the foreign currency over time.
C)the same amount of the foreign currency over time.
D)an amount of foreign currency determined by the real exchange rate.

If a Country Has a High Rate of Inflation Relative