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How Is the Foreign Exchange Market Affected as the Price

Question 68

Multiple Choice

How is the foreign exchange market affected as the price of foreign exchange decreases relative to the Canadian dollar?  


A)  Canadian products become cheaper for foreigners. 
B)  Foreign goods become cheaper for Canadians. 
C)  More foreign currency is required to purchase a Canadian dollar. 
D)  The Canadian demand curve for foreign exchange shifts to the right.

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