Between 2009 and 2011, the Canadian dollar
A)depreciated against the U.S. dollar.
B)appreciated against the U.S. dollar.
C)remained constant against the U.S. dollar.
D)was not able to vary against the U.S. dollar, because the exchange rate was fixed against the Japanese yen.
E)bought the same number of U.S. dollars as the euro.

Question

Quizplus · Accepted Answer

Between 2009 and 2011, the Canadian dollar appreciated against the U.S. dollar, reaching parity and even surpassing it at times due to strong commodity prices and economic conditions.

Between 2009 and 2011, the Canadian Dollar