Question: If there is a decrease in the demand for Canadian dollars relative to U.S. dollars, a. The price and quantity of Canadian dollars traded will
If there is a decrease in the demand for Canadian dollars relative to U.S. dollars,
a. The price and quantity of Canadian dollars traded will fall.
b. The price and quantity of Canadian dollars will rise.
c. The Canadian dollar will appreciate against the U.S. dollar.
d. The Canadian dollar will depreciate against the U.S. dollar.
e. a and d are correct
f. b and c are correct
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