If Interest Rates Rose More in the U

question 350

Multiple Choice

If interest rates rose more in the U.S. than in Canada, then other things the same

• A)U.S. citizens would buy more Canadian bonds and Canadian citizens would buy more U.S. bonds.
• B)U.S. citizens would buy more Canadian bonds and Canadian citizens would buy fewer U.S. bonds.
• C)U.S. citizens would buy fewer Canadian bonds and Canadian citizens would buy more U.S. bonds.
• D)U.S. citizens would buy fewer Canadian bonds and Canadian citizens would buy fewer U.S. bonds.

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Definitions:

Uncompromising

Not willing to make concessions or change one's position.

Numerous

A term describing a large quantity or number of items, people, or occurrences.

Unanimous

In full agreement; when all members of a group fully agree on a decision or opinion.

Conversion Effect

When minority influence brings about a sudden and dramatic internal and private change in the attitudes of a majority.