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Which of the Following Does NOT Explain Why Residents of Other

Question 100

Multiple Choice

Which of the following does NOT explain why residents of other countries desire to acquire Canadian dollars?  


A)  because foreigners need Canadian dollars to purchase Canadian goods and services 
B)  because Canadian dollars can be used as a safe way of storing value when the foreigner's own currency is unstable 
C)  because Canadian dollars can be used for cash gifts from foreigners to Canadian friends and relatives 
D)  because Canadian dollars are the only currency accepted in international transactions

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