

McqMate
Q. |
If Canada runs a current account surplus and exchange rates are floating: |
A. | The value of other currencies will rise relative to the dollar |
B. | The dollar will depreciate relative to other currencies |
C. | The price of foreign goods will become cheaper for Canadians |
D. | The price of foreign goods will rise for Canadians |
Answer» C. The price of foreign goods will become cheaper for Canadians |
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