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Question 11 3 points Save The current exchange (spou rate between Canada and U.S.is C51,31/8. The inflation in the US is expected to be 3.5%

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Question 11 3 points Save The current exchange (spou rate between Canada and U.S.is C51,31/8. The inflation in the US is expected to be 3.5% annually for the next two years, and the inflation of Canada is forecasted to be 4.5% annually for the next two years. Select a true statement For the next year, US dollar is expected to depreciate against Canadian dollar O For the next year, Canadian dollar is expected to appreciate against US dollar, The expected exchange rate between Canadian dollar and US dollar for the next year is 651.32/5. The expected exchange rate between Canadian dollar and US dollar in two years C5136/8, The expected exchange rate between Canadian dollar and US dollar for the next year is C3 1,30/5

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