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Assume a Canadian firm iniates direct foreign investment in the U. S. the Canadian dollar is expected to depreciate against the U. S. dollar. The
Assume a Canadian firm iniates direct foreign investment in the U. S. the Canadian dollar is expected to depreciate against the U. S. dollar. The C$ dollar value of earnings remitted to the parent Canadian company should:
decrease because the U. S. dollar will buy more Canadian dollars
decrease because the U. S. dollar will buy fewer Canadian dollars
increase because the U. S. dollar will buy more Canadian dollars
increase because the U. S. dollar will buy fewer Canadian dollars
none of the above
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