Question: The exchange rate between the US$ and the C$ declines from US$0.8993 to US$0.8846 per C$. What will be the change in the C$ price

The exchange rate between the US$ and the C$ declines from US$0.8993 to US$0.8846 per C$. What will be the change in the C$ price to an importer of a US$2000 item?

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