Use the following to answer questions:
The value of a euro goes from C$1.25 to C$1.50.
-(Scenario: Exchange Rates)Refer to Scenario: Exchange Rates.In Canada,exports will _____ and imports will _____.

Question

Quizplus · Accepted Answer

When the value of a euro increases, it becomes more expensive for Canadians to buy goods from Europe, so imports will decrease. At the same time, it becomes cheaper for Europeans to buy goods from Canada, so exports will increase.

Use the Following to Answer Questions