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The Rising Value of the Canadian Dollar Relative to the U.S

Question 18

Multiple Choice

The rising value of the Canadian dollar relative to the U.S. dollar has all of the following effects EXCEPT that ________ .


A) Canadian exports to the U.S. are down
B) Canadian vacationers pay higher costs for trips to the U.S.
C) Canadian consumers pay lower prices for U.S.-made goods
D) Canadian retailers in border towns lose customers to U.S. stores

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