If the Canadian Dollar Becomes Stronger in International Markets,consequences Include

question 27

Multiple Choice

If the Canadian dollar becomes stronger in international markets,consequences include

• A)a decrease in net exports,a decrease in equilibrium real GDP,and a decrease in the price level.
• B)an increase in net exports,an increase in equilibrium real GDP,and an increase in the price level.
• C)an increase in equilibrium real GDP,an increase in the price level,and no change in net exports.
• D)a decrease in the price level but an increase in equilibrium real GDP and net exports.

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Definitions:

Incorporated

A legal status indicating that a business entity has been registered as a corporation, separating its liabilities and assets from those of its owners.

Model Business Corporation Act

A model set of laws proposed to standardize the regulation of corporate business practices across the United States.

Articles of Incorporation

Official documents filed with a governmental body to legally form a corporation, outlining its structure, purpose, and operations.

Secretary of State

A high-ranking government official typically responsible for the foreign affairs of a country, or in some cases, domestic administrative duties within state governments in the United States.