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In Considering Pounds and Canadian Dollars,we Can Say That When

Question 33

Multiple Choice

In considering pounds and Canadian dollars,we can say that when the price of pounds in terms of Canadian dollars rises:


A) the price of Canadian dollars in terms of pounds will fall
B) the price of Canadian dollars in terms of pounds will also rise
C) the price of Canadian dollars in terms of pounds may either fall or rise
D) Canadian net exports to Britain will tend to fall
E) there is no change in the price of Canadian dollars in terms of pounds

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