In each case below, does the Canadian exchange rate appreciate or depreciate, and what happens to Canadian balance of trade?
a. A drought in Russia destroys the wheat crop, resulting in increased purchases of wheat from Canada.
The Canadian exchange rate will (Click to select) depreciate / appreciate, and Canadian balance of trade will (Click to select) rise / rise or fall / fall.
b. Bollywood movies become extremely popular in Canada, increasing demand for foreign movies.
The Canadian exchange rate will (Click to select) appreciate / depreciate, and Canadian balance of trade will (Click to select) rise or fall / fall / rise.
c. The Canadian government forces all government offices to purchase Canadian-made computer products, instead of importing them.