Which of the groups below would benefit from a fall in the value of the Canadian dollar?
A)Canadian consumers of imports.
B)Canadian firms selling to other countries.
C)Canadian firms with operations in other countries.
D)Canadian firms that have borrowed from savers in other countries.
E)Canadian families planning foreign vacations.

Question

Quizplus · Accepted Answer

A fall in the value of the Canadian dollar makes Canadian goods and services cheaper for foreign buyers, benefiting Canadian firms that export to other countries.

Which of the Groups Below Would Benefit from a Fall