In Recent Years, the Value of the Dollar Relative to the Euro

question 127

Multiple Choice

In recent years, the value of the dollar relative to the euro has declined. What does this mean for European businesses exporting to Canada?

• A) European countries are more likely to import Canadian goods or services.
• B) The Canadian trade deficit will most likely become greater.
• C) Canada is more likely to increase imports from European countries.
• D) European countries are more likely to avoid trade with Canada.