If Canada imports more goods from abroad than it exports, foreigners will tend to have a surplus
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If Canada imports more goods from abroad than it exports, foreigners will tend to have a surplus of Canadian dollars. What will this do to the value of the dollar with respect to foreign currencies? What is the corresponding effect on foreign investments in Canada?
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Related Book For
Financial Management Theory And Practice
ISBN: 978-0176583057
3rd Canadian Edition
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
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