When a Canadian investor buys stock in Great Britain, her dollar-denominated return will increase if the pound:

Name: When a Canadian investor buys stock in Great Britain, her dollar-denominated return will increase if the pound:
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When the pound appreciates in value against the Canadian dollar, the value of the British stocks, when converted back to Canadian dollars, increases, thus increasing the dollar-denominated return for the Canadian investor.

When a Canadian Investor Buys Stock in Great Britain, Her