For a Canadian-based investor, a weaker dollar means that overall dollar based returns on overseas security investment will be higher because
A) A weaker dollar means that exports will rise.
B) A weaker dollar means that more foreign investors will by U.S. securities.
C) A weaker dollar means that the foreign currency will convert to more dollars.
D) A weaker dollar means that more investors will purchase the foreign security.
E) None of the above.
Correct Answer:
Verified
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