Which of the Following Is Most Likely to Result from a Stronger

question 100

Multiple Choice

Which of the following is most likely to result from a stronger Canadian dollar?

• A) Canadian goods exported aboard will cost less in foreign countries, and so foreigners will buy more of them.
• B) Canadian goods exported aboard will cost more in foreign countries and so foreigners will buy more of them.
• C) Canadian goods exported abroad will cost more in foreign countries, and so foreigners will buy fewer of them.
• D) Canadians will purchase fewer foreign goods.

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Definitions:

Delivery Expense

Costs incurred by a company to transport its products to customers, including freight, shipping, and handling fees.

Trade Discounts

Reductions in the listed price of goods or services offered to customers, usually based on volume purchased or early payment.

Customer Discount

A reduction in the price offered to customers, often as an incentive for early payment or as part of promotional efforts.

Sales Tax

A tax imposed by governments on the sale of goods and services, collected by the retailer at the point of purchase.