On day 1, it cost $.7354 U.S. to buy one Canadian dollar. On the next day it cost $.845 U.S. to buy one Canadian dollar. From this information we can conclude that :
A.
The U.S. dollar got stronger and U.S. exports will rise
B.
The U.S. dollar got weaker and U.S. exports will rise
C.
The U.S. dollar got stronger and U.S. exports will fall
D.
The U.S. dollar got weaker and U.S. exports will fall
Exam No：AP Macroeconomics Problem Set 3 Year：2024 Question No：APMacroeconomics2024AP0101
Answer:
B
Knowledge points:
6.2 Exchange Rates
6.4 Effect of Changes in Policies and Economic Conditions on the Foreign Exchange Market
6.5 Changes in the Foreign Exchange Market and Net Exports
Solution:
Download APP for more features
1. Tons of answers.
2. Smarter Al tools enhance your learning journey.
IOS
Download
Download
Android
Download
Download
Google Play
Download
Download