The Canadian demand for Swiss francs is:
A) downward sloping because, at lower dollar prices for francs, Canadians will want to buy more Swiss goods and services.
B) downward sloping because, at higher dollar prices for francs, Canadians will want to buy more Swiss goods and services.
C) downward sloping because the dollar price of francs and the franc price of dollars are directly related.
D) upward sloping because a higher dollar price of Swiss francs makes Swiss goods and services more attractive to Canadians.
Correct Answer:
Verified
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