If the Canadian Nominal Exchange Rate Does Not Change, but Prices

question 336

Multiple Choice

If the Canadian nominal exchange rate does not change, but prices rise faster in Canada than in all other countries, then the Canadian real exchange rate

• A)does not change.
• B)rises.
• C)declines.
• D)There is not enough information to answer the question

---

Definitions:

Key Persons

Individuals who hold critical importance within an organization or project, often due to their skills, knowledge, or position.

BCG Matrix

A strategic business tool designed by the Boston Consulting Group to help organizations evaluate and manage the relative positions of their business units or products in terms of market growth rate and market share.

Stars

High-performing and highly valuable members or units within an organization known for contributing significantly to its success.

Question Marks

Products or business units that operate in high growth markets but have a low market share, often requiring significant resources to become profitable.