For Canada,the Term "Exchange Rate," as Used by Most Economists,refers

question 18

Multiple Choice

For Canada,the term "exchange rate," as used by most economists,refers to

• A)the price at which purchases and sales of foreign goods take place in Canada.
• B)Canadian exports minus imports.
• C)the price of foreign currency in terms of Canadian dollars.
• D)the ratio of Canadian exports to imports.
• E)dividends from foreign sources minus interest paid by residents to non-residents.

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