Which of the following would have the greatest positive impact on your U.S. vacation plans?
A) The U.S. experiences a recession.
B) The North American Free Trade Agreement is terminated.
C) Your airline merges with a European carrier.
D) The value of the Canadian dollar relative to the U.S. dollar increases by 5 cents.
E) The value of the Canadian dollar drops by 5 cents relative to the U.S. dollar.

Question

Quizplus · Accepted Answer

An increase in the value of the Canadian dollar relative to the U.S. dollar means that your Canadian currency will have more purchasing power in the U.S., making your vacation more affordable.

Which of the Following Would Have the Greatest Positive Impact