When the Value of the Canadian Dollar Rises

question 203

Multiple Choice

When the value of the Canadian dollar rises

• A) both our imports and our exports become more expensive.
• B) there is no change in the price of our imports and our exports.
• C) our imports become more expensive and our exports become cheaper.
• D) our imports become cheaper and our exports become more expensive.
• E) both our imports and our exports become cheaper.

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Definitions:

Mix Flexibility

The ability of a manufacturing system to efficiently produce a variety of products in varying volumes.

Negative NPV

A situation where the net present value (NPV) of an investment is less than zero, indicating it may lose money rather than gain.

Network Design

Network Design in supply chain management involves the strategic planning of a logistics network to optimize the flow of goods, information, and resources.

Chained Network

A complex series of interconnected nodes or entities, typically describing a logistics or delivery network.