An increase in the value of the U.S.dollar relative to the Canadian dollar would be ________ for Canadian owners of U.S.houses who wish to sell those houses,and ________ for Canadian manufacturers operating factories in the United States that export their products back to Canada.

Question

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An increase in the value of the U.S. dollar relative to the Canadian dollar means that the Canadian dollar is worth less compared to the U.S. dollar. This would be good news for Canadian owners of U.S. houses who wish to sell those houses because they would receive more Canadian dollars for their houses. However, it would be bad news for Canadian manufacturers operating factories in the United States that export their products back to Canada because their products would be more expensive for Canadian consumers to buy.

An Increase in the Value of the U