When the Canadian dollar strengthens, A. imports are more expensive. B. unemployment increases. C. exports are less expensive. D. real GDP increases. A rise in the value of the Canadian dollarA. will put downward pressure on the Canadian price level.B. will put upward pressure on the Canadian price level.O C. makes Canadian goods relatively cheap.O D. will result in a fall in the prices of Canadian exported goods. If C$1.00 = US$1.05, one U.S. dollar is worthO A. US$0.77.O B. C$1.05.C. C$0.95.O D. US$0.95.

Appreciation in the value of money of a particular country means that the value of currency of that…

Answered: When the Canadian dollar strengthens,…

When the Canadian dollar strengthens, A. imports are more expensive. B. unemployment increases. C. exports are less expensive. D. real GDP increases.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

When the Canadian dollar strengthens,

A. imports are more expensive.

B. unemployment increases.

C. exports are less expensive.

D. real GDP increases.

A rise in the value of the Canadian dollar
A. will put downward pressure on the Canadian price level.
B. will put upward pressure on the Canadian price level.
O C. makes Canadian goods relatively cheap.
O D. will result in a fall in the prices of Canadian exported goods.

If C$1.00 = US$1.05, one U.S. dollar is worth
O A. US$0.77.
O B. C$1.05.
C. C$0.95.
O D. US$0.95.

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