6. If Canadian consumers expect the value of the Canadian dollar to rise against the US dollar, what impact would we expect this to have on Canadians' demand for American made products? a. The demand for American-made items would fall. b. The demand for American-made items would not change. c. The demand for American-made items would rise. d. The demand for American-made items would double.

MACROECONOMICS
14th Edition
ISBN:9781337794985
Author:Baumol
Publisher:Baumol
Chapter19: The International Monetary System: Order Or Disorder
Section: Chapter Questions
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6. If Canadian consumers expect the value of the Canadian dollar to rise against the US dollar,
what impact would we expect this to have on Canadians' demand for American made products?
a. The demand for American-made items would fall.
b. The demand for American-made items would not change.
c. The demand for American-made items would rise.
d. The demand for American-made items would double.
Transcribed Image Text:6. If Canadian consumers expect the value of the Canadian dollar to rise against the US dollar, what impact would we expect this to have on Canadians' demand for American made products? a. The demand for American-made items would fall. b. The demand for American-made items would not change. c. The demand for American-made items would rise. d. The demand for American-made items would double.
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