Suppose Canada's Exchange Rate with the Euro Rises from 1

question 46

Multiple Choice

Suppose Canada's exchange rate with the euro rises from 1.2 to 1.4.This rise indicates a(n) ________ of the Canadian dollar,which means it takes ________ Canadian dollars to purchase one euro.

• A)appreciation; more
• B)appreciation; fewer
• C)depreciation; more
• D)depreciation; fewer

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Definitions:

Taft-Hartley Act

Also known as the Labor Management Relations Act, 1947, it restricted the activities and power of labor unions in the United States.

Unionization Rights

Legal rights allowing employees to form, join, or assist labor unions for collective bargaining purposes.

Supervisors

Individuals within an organization responsible for overseeing the work of employees and ensuring that tasks are carried out efficiently and effectively.

Taft-Hartley Act

A 1947 federal law that restricted the activities and power of labor unions in the United States.