If Canada Wants to Increase Its Net Exports, Other Things

question 82

Multiple Choice

If Canada wants to increase its net exports, other things equal, it might take steps to:

• A)increase its GDP.
• B)reduce existing tariffs and import quotas.
• C)decrease the dollar price of foreign currencies.
• D)increase the dollar price of foreign currencies.

---

Definitions:

Furniture

Movable objects intended to support various human activities such as seating, eating, and sleeping, as well as to hold objects or store items.

Mortgage

A loan specifically used to purchase real estate, where the property serves as collateral until the debt is fully repaid.

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage.

Payments

Money transferred by one party to another in exchange for goods, services, or to fulfill any other financial obligation.