A Rise in the Canadian-Dollar Price of Foreign Currency,other Things

question 128

Multiple Choice

A rise in the Canadian-dollar price of foreign currency,other things being equal,causes Canada's net export (NX) function to shift ________ and ________.

• A)upward; become flatter
• B)upward; become steeper
• C)downward; become flatter
• D)downward; keep the same slope
• E)downward; become steeper

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Definitions:

Anti-Corruption Efforts

Initiatives and actions aimed at combating and reducing corruption in governmental and corporate institutions.

Federal Level

Pertaining to the national government or systems of a country, as opposed to state, local, or regional levels.

City Level

Pertaining to the administrative and governmental functions carried out at the urban or municipal level.

Referendum

A direct vote in which an entire electorate is asked to vote on a particular proposal and can have wide-ranging implications.