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In the homework exercise done in this course, we have seen that, other things being equal, the positive trade balance of Canada with USA: has
In the homework exercise done in this course, we have seen that, other things being equal, the positive trade balance of Canada with USA:
has No correlation with USDCAD rate
has Negative correlation with USDCAD rate
has Positive correlation with USDCAD rate
cannot be used to draw any conclusions.
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Introduction To Finance Financial Management And Investment Management
Authors: Pamela P. Drake, Frank J. Fabozzi, Francesco A. Fabozzi
1st Edition
9811239657, 978-9811239656
