1. Go to xe.com (or any other foreign exchange web site).

 

1. How much in Canadian dollars (CAD) does it require to buy $1.00 USD? $   
2. Calculate (show calculations below) does it cost in USD to buy $1.00 CAD?
3. Find the xe.com historical rates tool web page. How much in CAD was required to buy $1.00 USD on June 1, 2012? $        
4. Calculate (show calculations below) did it cost in USD to buy $1.00 CAD?
5. Since 2012 the CAD has generally appreciated/depreciated against the USD? (circle one)
6. Explain how this has affected demand for Canadian exports to the R.O.W and imports into Canada from the R.O.W. How about the impact on the Canadian GDP? Use bulleted points to answer if you prefer.

Answer rating: 100% (QA)

1 12590418 Canadian Dollars 2 1 12590418 07942 USD to buy 1 CAD 3 10382234652 4 110382234652 096... View the full answer