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Economics
MEDIUM
ENGLISH
Economics
If Canada runs a balance of payments surplus and exchange rates are floating ?
A
the value of other currencies will rise relative to the dollar
Option A
B
the dollar will depreciate relative to other currencies
Option B
the price of foreign goods will become cheaper to Canadians
Correct answer
D
the price of foreign goods will rise for Canadians
Option D
Correct answer: C
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