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Give an example using a direct quotation of the exchange rate of a weakening of the Canadian dollar relative to the US dollar. How does

  1. Give an example using a direct quotation of the exchange rate of a weakening of the Canadian dollar relative to the US dollar.
  2. How does each of these affect the US current account?

  1. You pay interest on a French government bond.

  1. You sell a Rolex watch on eBay to a person in China.

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