The quantity of Canadian dollars demanded depends on all of the following except the

Question

Quizplus · Accepted Answer

The quantity of Canadian dollars demanded depends on factors such as the exchange rate, interest rates in Canada and the rest of the world (R.O.W.), and expected future exchange rate. However, the Canadian demand for imports from the rest of the world (R.O.W.) does not directly affect the quantity of Canadian dollars demanded. It may indirectly affect demand through its impact on the exchange rate (as increased imports could lead to an increased demand for foreign currency, which would decrease the value of the Canadian dollar).

The Quantity of Canadian Dollars Demanded Depends on All of the Following