Which of the Groups Below Would Benefit from a Fall

question 200

Multiple Choice

Which of the groups below would benefit from a fall in the value of the Canadian dollar?

• A)Canadian consumers of imports.
• B)Canadian firms selling to other countries.
• C)Canadian firms with operations in other countries.
• D)Canadian firms that have borrowed from savers in other countries.
• E)Canadian families planning foreign vacations.

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Definitions:

Fallacy

A flaw or error in reasoning that undermines the logical validity of an argument.

Sanctions

Penalties or other forms of enforcement used to encourage compliance with laws, regulations, or rules.

Subjectivism

The philosophical stance that reality or knowledge is subjective, depending on the individual's perceptions or feelings.

Fallacy

A mistake in logic that makes an argument unsound.