If the Canadian dollar appreciates,holding other things constant,it makes Canadian imports
A)More expensive for Canadian customers
B)Less expensive for Canadian customers
C)Neither more or less expensive for importers
D)None of the above

Question

If the Canadian dollar appreciates,holding other things constant,it makes Canadian imports​
A)​More expensive for Canadian customers
B)Less expensive for Canadian customers
C)Neither more or less expensive for importers
D)​None of the above

Quizplus · Accepted Answer

When the Canadian dollar appreciates, it gains value relative to other currencies. This means Canadians can buy more foreign goods for the same amount of their currency, making imports less expensive for Canadian customers.

If the Canadian Dollar Appreciates,holding Other Things Constant,it Makes Canadian