The supply of Canadian dollars in the foreign-Exchange Market will increase if…?
The supply of Canadian dollars in the foreign-exchange market will increase if
A. tourists to Canada increase
B. all of the above
C. foreign demand for Canadian goods increase
D. Canadians purchase more foreign assets
E. Canadian interest rates are high
D. Canadians purchase more foreign assets.
When Canadians buy foreign assets, they will exchange Canadian dollars for Foreign Currency. Thus supply of Canadian dollar will increase.
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