If the Canadian dollar depreciates relative to currencies in other countries,then Canadian imports will _____ and exports will _____.

Name: If the Canadian dollar depreciates relative to currencies in other countries,then Canadian imports will _____ and exports will _____.
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Question

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When the Canadian dollar depreciates, imports become more expensive for Canadians, leading to a decrease in imports. Conversely, Canadian goods become cheaper for foreign buyers, leading to an increase in exports.

If the Canadian Dollar Depreciates Relative to Currencies in Other