Which of the following best explains the ups and downs of the Canadian dollar in the last several years?
A) They are caused by changes in productivity and wage rates within Canada
B) They are the result of differences in inflation rates in Canada compared to those in the United States
C) They are the result of changes in commodity prices and long-term investment by Canadians to foreign nations
D) They are the result of changes in commodity prices and long-term investment by foreigners into Canada
Correct Answer:
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