For each of the following,state whether it creates a demand for or supply of Canadian dollars:
(a)A Japanese automobile firm builds an assembly plant in Manitoba.
(b)A Canadian importer purchases a shipload of Saudi Arabia oil.
(c)A Canadian student spends a summer in England studying in Oxford.
(d)A French exporter ships products to Argentina using a Canadian freighter.
(e)Currency traders feel that the value of the Canadian dollar will fall in the near future and act on that feeling.
Correct Answer:
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(b)Supply...
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