A fall in the value of the Canadian dollar
A) makes cross-border shopping a better bargain for Canadians.
B) makes imported products less expensive.
C) increases your income taxes.
D) decreases your income taxes.
E) increases Canadian GDP.

Question

Quizplus · Accepted Answer

A fall in the value of the Canadian dollar makes Canadian exports cheaper and more competitive abroad, potentially increasing Canadian GDP through higher export volumes.

A Fall in the Value of the Canadian Dollar