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Ari went on a hockey trip to Boston and New York in early 2002 when the Canadian dollar was worth $0.62 American. The cost of

  1. Ari went on a hockey trip to Boston and New York in early 2002 when the Canadian dollar was worth $0.62 American. The cost of the trip was $700 in American funds. How much did the trip cost Ari in Canadian funds. Show your calculations
  2. Explain how a change in the dollar's value affect the Canadian economy.

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