Question
1.For each of the following, state whether it creates a demand for or supply of Canadian dollars: (5 marks) Demand for CAD or Supply of
1.For each of the following, state whether it creates a demand for or supply of Canadian dollars: (5 marks)
Demand for CAD
or Supply of CAD
a) American corporation builds assembly plant in Saskatchewan
b) a Canadian bank expands its operations in the USA
c) A Canadian tourist is skiing in Switzerland
d) French exporter ships products to Argentina using a Canadian shipping company
e) A Canadian visiting Paris, France
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Principles of economics
Authors: N. Gregory Mankiw
6th Edition
978-0538453059, 9781435462120, 538453052, 1435462122, 978-0538453042
