If the exchange rate for the Canadian dollar changes from $1.25 per euro to $1.50 per euro,then the dollar depreciates.

Name: If the exchange rate for the Canadian dollar changes from $1.25 per euro to $1.50 per euro,then the dollar depreciates.
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When the exchange rate changes from $1.25 per euro to $1.50 per euro, it means that more Canadian dollars are needed to buy one euro, indicating that the Canadian dollar has depreciated relative to the euro.

If the Exchange Rate for the Canadian Dollar Changes from $1.25