If Canada's demand for imports decreases and other things remain the same, which of the following events occurs in the foreign exchange market?

Question

Accepted Answer

The supply of Canadian dollars decreases.

Answer

The supply of Canadian dollars decreases and the demand increases.

Answer

Both the supply of and demand for Canadian dollars decreases.

Answer

The demand for Canadian dollars increases.

Answer

The demand for Canadian dollars decreases and the supply increases.

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