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The Canadian Dollar Appreciates Against the U

Question 54

Multiple Choice

The Canadian dollar appreciates against the U.S. dollar if


A) Canadian interest rates fall relative to U.S. interest rates.
B) U.S. interest rates rise relative to Canadian interest rates.
C) U.S. demand for Canadian exports decreases.
D) prices rise in the U.S. but remain constant in Canada.
E) speculators believe the Canadian dollar will depreciate in the future.

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