If the Canadian Real Exchange Rate Appreciates,which of the Following

question 46

Multiple Choice

If the Canadian real exchange rate appreciates,which of the following will most likely happen?

• A)Exports increase and imports decrease.
• B)Exports decrease and imports increase.
• C)Exports and imports both increase.
• D)Exports and imports both decrease.

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Definitions:

Cost Of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials and labor costs.

Use Of Cash

A summary of how a company's cash is being utilized in operations, investments, and financing activities.

Accounts Payable

Represents money owed by a company to its creditors for goods and services purchased on credit.

Accounts Receivable

Payments due to a business by its customers for products or services that have been dispatched or exploited, yet are still unpaid.