Question: Which statements are true? If the exchange rate changes from C$ 1 = USSO, 1 . Canadian dollar depreciated against the U . S .

Which statements are true?
If the exchange rate changes from C$1= USSO,
1. Canadian dollar depreciated against the U.S.
2. Canadian dollar appreciated against the U.S. d
3. U.S. dollar depreciated against the Canadian de
4. U.S. dollar appreciated against the Canadian

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