Anderson windows and doors imports wood from Canada. What would happen to the supply curve of Anderson if the value of the U.S. dollar rises against the Canadian dollar?

Question

Quizplus · Accepted Answer

When the value of the U.S. dollar rises against the Canadian dollar, it becomes cheaper for Anderson to import wood from Canada. This decrease in import costs effectively lowers the production costs for Anderson windows and doors, leading to an increase in supply. Hence, the supply curve will shift to the right.

Anderson Windows and Doors Imports Wood from Canada