When the Canadian dollar depreciates,the effective price of Canadian exports increases and,as a result,total exports are likely to fall.

Name: When the Canadian dollar depreciates,the effective price of Canadian exports increases and,as a result,total exports are likely to fall.
Brand: Quizplus
Rating: 4.7 (60 reviews)

Question

Quizplus · Accepted Answer

When the Canadian dollar depreciates, the effective price of Canadian exports decreases in foreign markets, making Canadian goods cheaper and potentially increasing demand for those exports.

When the Canadian Dollar Depreciates,the Effective Price of Canadian Exports