If the Canadian dollar is strengthening, then: O it has been unpegged from other currencies. O it has appreciated in terms of other currencies, which will likely lead to increased exports from Canada. O Canada has purchasing power parity. O it has appreciated in terms of other currencies, which will likely lead to increased imports to Canada

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter21: International Finance
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QUESTION 19
If the Canadian dollar is strengthening, then:
O
it has been unpegged from other currencies.
it has appreciated in terms of other currencies, which will likely lead to increased exports from Canada.
O Canada has purchasing power parity.
it has appreciated in terms of other currencies, which will likely lead to increased imports to Canada
Transcribed Image Text:QUESTION 19 If the Canadian dollar is strengthening, then: O it has been unpegged from other currencies. it has appreciated in terms of other currencies, which will likely lead to increased exports from Canada. O Canada has purchasing power parity. it has appreciated in terms of other currencies, which will likely lead to increased imports to Canada
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