Every Transaction Concerning the Importation of Goods into Canada Constitutes

question 56

Multiple Choice

Every transaction concerning the importation of goods into Canada constitutes a

• A)supply of foreign currency with no effect on the market for the dollar.
• B)demand for dollars with no effect on markets for foreign currencies.
• C)supply of foreign currencies and a demand for dollars.
• D)demand for foreign currencies and a supply of dollars.

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Definitions:

Collision Deductible

A collision deductible is the amount of money a policyholder must pay out-of-pocket for vehicle repairs before their insurance coverage pays for the remaining costs in case of a collision.

Annual Premium

The total amount paid per year for an insurance policy to remain valid and provide coverage.

No-fault Insurance

An auto insurance policy where each party's insurance pays for their losses regardless of who was at fault in the accident.

Medical Expenses

Costs incurred for the diagnosis, cure, mitigation, treatment, or prevention of disease and for treatments affecting any part or function of the body.