Refer to the Following List,and Identify Who Would Be Hurt

question 9

Short Answer

Refer to the following list,and identify who would be hurt and who would benefit from a depreciation of the Canadian dollar.
a)An Italian father spending a summer with his daughter in Ottawa.
b)A Canadian researcher living in California who is paid a monthly salary by his Vancouver employer.
c)A retired British couple living in Victoria and receiving a British pension.
d)A Nova Scotia couple thinking of buying retirement property in Florida.
e)A Canadian family who regularly visit Spain.

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Definitions:

Richest Nations

Countries that have the highest Gross Domestic Product (GDP) per capita, indicating a high level of economic prosperity and standard of living.

Gross Domestic Product

A measure of the economic performance of a country, representing the total value of all goods and services produced over a specific time period.

United States

A country located in North America, consisting of 50 states, a federal district, and several territories.

China

The world's most populous country, located in East Asia, known for its vast history, diverse culture, and significant economic and political influence.