When the Price Level in Canada Falls Relative to the Price

question 45

Multiple Choice

When the price level in Canada falls relative to the price level of other countries, ________ will fall, ________ will rise, and ________ will rise.

• A)imports; exports; net exports
• B)exports; imports; net exports
• C)net exports; exports; imports
• D)net exports; imports; exports
• E)net exports; incomes; exports

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Definitions:

Apprehension

A feeling of anxiety or fear that something bad or unpleasant will happen.

Assault

An intentional act that causes another person to fear imminent bodily harm or offensive contact.

Offensive Bodily Contact

An intentional act by one person that creates an apprehension in another of an imminent harmful or offensive contact.

Negligent Torts

Legal claims arising from acts or failures to act where a duty of care is owed and breached, resulting in injury or damage to another party.