Every winter,resort managers in Myrtle Beach,South Carolina,check the exchange rate between the U.S.dollar and the Canadian dollar.In recent years,the exchange has changed from approximately $0.65 Canadian dollars per U.S.dollar,to approximately equal value of both currencies (i.e.,$1 Canadian is worth about the same as $1 U.S.) .These resort managers should expect
A) more South Carolinians visiting Canada.
B) more Canadian visitors.
C) more South Carolina visitors.
D) more visitors from elsewhere in the U.S.
E) no change in the profile of their visitors.
Correct Answer:
Verified
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