FIGURE 34-3 -Refer to Figure 34-3.An Increase in Demand for Foreign Exchange

question 111

Multiple Choice

FIGURE 34-3
-Refer to Figure 34-3.An increase in demand for foreign exchange OR a decrease in the supply of foreign exchange may be due to

• A)foreign inflation in excess of domestic inflation.
• B)domestic inflation in excess of foreign inflation.
• C)equal rates of inflation.
• D)increased preference for Canadian goods.
• E)more Europeans travelling to Canada.

---

Definitions:

Memorize

The process of committing something to memory or learning it so that it can be recalled later without any external aid.

Professor

An academic title given to a senior teacher or researcher, typically at a college or university.

Acronym

A word created from the initial letters of a phrase, making it easier to recall or say, such as NASA from National Aeronautics and Space Administration.

Chunking

A process of grouping information into larger units to improve memory and learning.