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When the Bank of Canada Pursues a Monetary Policy of Low

Question 44

Multiple Choice

When the Bank of Canada pursues a monetary policy of low interest rates,the exchange rate between the dollar and other currencies will tend to ________,generally making it ________ for foreign firms to sell their goods in Canada.


A) rise; easier
B) rise; more difficult
C) fall; easier
D) fall; more difficult

Correct Answer:

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