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a) Business news reported that the Canadian dollar to the US dollar exchange rate is 1.30. It also reported that the British Pound to US
a) Business news reported that the Canadian dollar to the US dollar exchange rate is 1.30. It also reported that the British Pound to US dollar is 0.64. If are travelling to London England and decided to buy British Pound, how much would the Canadian dollar to British Pound exchange rate be? b) If the Canadian government unexpectedly announces that the tariffs on foreign goods will be higher one-year from now, what will happen to the value of the Canadian dollar? c) March 2020, Bank of Canada announced a quantitative easing program designed to lower interest rates. What effect should this have on the Canadian dollar/euro exchange rate
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