Assuming Canada Is the "Domestic" Country, If the Real Exchange

question 44

Multiple Choice

Assuming Canada is the "domestic" country, if the real exchange rate between Canada and Russia decreases from 28 to 23,

• A)the prices of Canadian goods and services have decreased by 5 percent relative to Russia.
• B)the prices of Canadian goods and services have increased by 25.5 percent relative to Russia.
• C)the prices of Canadian goods and services have decreased by 18 percent relative to Russia.
• D)the prices of Canadian goods and services have increased by 22 percent relative to Russia.
• E)the prices of Canadian goods and services have increased by 4 percent relative to Russia.

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Definitions:

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Communications that convey unfavorable, adverse, or otherwise negative information to the recipient.

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The tendency to maintain a positive outlook, expecting the best possible outcome in any given situation.

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Information communicated by an organization that may be perceived as unfavorable, disappointing, or detrimental by its stakeholders.

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The feeling of dissatisfaction that arises when expectations or wishes are not met.