If the Canadian dollar is strengthening, then: O it has been unpegged from other currencies. O it has appreciated in terms of other currencies, which will likely lead to increased exports from Canada. O Canada has purchasing power parity. O it has appreciated in terms of other currencies, which will likely lead to increased imports to Canada

If the Canadian dollar is strengthening, then: O it has been unpegged from other currencies. O it has appreciated in terms of other currencies, which will likely lead to increased exports from Canada. O Canada has purchasing power parity. O it has appreciated in terms of other currencies, which will likely lead to increased imports to Canada

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter13: Open-economy Macroeconomics: Basic Concepts

Section: Chapter Questions

Problem 8PA

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K Using the currency cross rate table, convert US$298.00 to Canadian dollars. Canadian U.S. Euro Japanese British Australian dollar dollar pound dollar yen 1.5928 0.0126 2.2608 0.9087 1.1604 0.0082 1.6607 0.6667 0.0085 1.4309 0.5737 197.98 80.52 0.3923 Canadian dollar U.S. dollar Euro Japanese yen British pound Australian dollar 1.3899 0.7195 0.6278 0.8618 79.37 121.95 117.65 0.4423 0.6022 0.6989 0.0051 1.1005 1.4999 US$298.00 will purchase C$. (Round to the nearest cent as needed.) 1.7431 0.0124 2.5491 www
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explain please The value of the Russian Ruble changed from 94 to the dollar to 91 to the dollar. What is the likely effect ofthis change in the foreign exchange market?A. It will make Russia’s imports cheaper but may harm its export competitiveness.B. It will boost Russia’s exports, making them more competitive.C. It will have no impact on trade, as exchange rates do not influence international commerce.D. It will encourage capital outflows and discourage foreign investment.
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QUESTION 2 The following figure shows the Euro-U.S. Dollar exchange rate in the past year, i.e., the price of 1 Euro in U.S. dollars. Which of the following statements is incorrect? EUR/USD (EURUSD=X) ☆ CCY - CCY Delayed Price. Currency in USD 1.1478 -0.0113 (-0.9783%) As of 10.29PM GMT. Market open. O Indicators O Comparison 8 Date Range 10 5D 1M W Interval 1D N Line O Draw O Set 3M 6M YTD 1Y 2Y 5Y Мах yahoo!finance EURUSD-X 1.1579 1.2250 1.2000 1.1750 11478 Dec 2021 Feb Mar Apr May Jun Jul Aug Sep Oct Nov