Suppose Canada and the Japan are the only two trading countries in the world. What will happen to the value of the Canadian dollar if the following occur, other things equal?

a. Japan relaxes some of its import restrictions.

b. Canada imposes import tariffs on Japanese goods.

c. Interest rates in Canada rise dramatically.

d. A report indicates that Canadian wheat is of better quality than American wheat. In particular, consumers of Canadian grown wheat will enjoy much better health.