Other things being equal,if the Canadian dollar appreciates,there will be a ________ in the demand for foreign imports,and the number of dollars offered in the foreign-exchange market will ________.

Question

Quizplus · Accepted Answer

When the Canadian dollar appreciates, foreign goods become cheaper for Canadians, leading to an increase in demand for imports. Consequently, more Canadian dollars are offered in the foreign-exchange market to purchase these imports, causing a rise in the number of dollars offered.

Other Things Being Equal,if the Canadian Dollar Appreciates,there Will Be