Which of the Following Statement Best Describes the Movement of the Canadian

question 71

Multiple Choice

Which of the following statement best describes the movement of the Canadian dollar against the US dollar in the period 2002-2008?

• A) The Canadian dollar appreciated because demand for natural resources such as oil increased.
• B) The Canadian dollar depreciated because demand for commodity decreased.
• C) The Canadian dollar appreciated because the US exports to Canada increased.
• D) The Canadian dollar depreciated because the interest rate in Canada was lower than US.

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Definitions:

Underlying Cause

A fundamental reason or root cause that leads to an event or condition, often not immediately obvious.

Feminine Mystique

Refers to the idealized image of women as homemakers and caretakers in the 1950s and 1960s, critiqued by Betty Friedan in her book of the same name, which played a significant role in the second-wave feminist movement.

Second Wave

Often refers to the second wave of feminism that occurred in the 1960s and 1970s, focusing on issues such as equality, sexuality, and reproductive rights.

Betty Friedan

An influential American feminist, writer, and activist best known for her 1963 book "The Feminine Mystique," which challenged the traditional roles of women in society.