1. Will A Canadian forestry company selling on world markets have a higher or lower exchange rate for the Canadian dollar? Explain why. 2. Will a Canadian company that must import equipment from abroad will have a higher or lower exhange rate for Canadian dollar? Explain why. 3. Make a summary list of the causes and remedies for low levels of economic development.
1. Will A Canadian forestry company selling on world markets have a higher or lower exchange rate for the Canadian dollar? Explain why. 2. Will a Canadian company that must import equipment from abroad will have a higher or lower exhange rate for Canadian dollar? Explain why. 3. Make a summary list of the causes and remedies for low levels of economic development.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:1. Will A Canadian forestry company selling
on world markets have a higher or lower
exchange rate for the Canadian dollar?
Explain why.
2. Will a Canadian company that must import
equipment from abroad will have a higher or
lower exhange rate for Canadian dollar?
Explain why.
3. Make a summary list of the causes and
remedies for low levels of economic
development.
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