Consider the demand for and the supply of the Canadian dollar.The exchange rate is measured in terms of yen per dollar.If the demand for the Canadian dollar decreases,which statement would NOT be true?
A) The demand curve for dollars will shift to the left.
B) The Japanese will buy more Canadian goods.
C) Canadians will buy more Japanese goods.
D) The exchange rate of yen per Canadian dollar will fall.
Correct Answer:
Verified
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