A Fall in the Canadian-Dollar Price of Foreign Currency Is

question 78

Multiple Choice

A fall in the Canadian-dollar price of foreign currency is referred to as

• A)a depreciation of the Canadian dollar.
• B)an increase in the exchange rate.
• C)a loss in the relative value of the Canadian dollar.
• D)a fall in the external value of the Canadian dollar.
• E)an appreciation of the Canadian dollar.

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