If the Canadian Dollar Exchange Rate Increases,the

question 98

Multiple Choice

If the Canadian dollar exchange rate increases,the

• A)Canadian dollar depreciates relative to foreign currencies.
• B)internal value of the dollar falls.
• C)Canadian dollar appreciates relative to foreign currencies.
• D)internal value of the dollar rises.
• E)external value remains unaffected.

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Definitions:

Illegal

That which is forbidden by law; activities or actions that are against statutory laws and regulations.

Unenforceable

A contract or clause that cannot be executed by the judicial system because it violates laws or regulations or because it lacks certain essential elements.

Mentally Incompetent Persons

Individuals who are legally recognized as incapable of managing their own affairs or making decisions due to mental incapacity.

Valid

A term that signifies something is legally sound and has effect or force.