Which of the Following Statements Is Correct

question 105

Multiple Choice

Which of the following statements is correct?

• A)When the Canadian dollar appreciates,the effective price of Canadian imports decreases and total imports are likely to fall.
• B)When the Canadian dollar appreciates,the effective price of Canadian imports decreases and total imports are likely to rise.
• C)When the Canadian dollar depreciates,the effective price of Canadian imports increases and total imports are likely to rise.
• D)When the Canadian dollar depreciates,the effective price of Canadian imports decreases and total imports are likely to rise.

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Definitions:

Grapevine

An informal channel of communication, separate from management's formal, official communication channels.

Large Organizations

Entities that operate on a significant scale, often with extensive human and capital resources and a wide geographical presence.