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Question 5 1 pts Assume the exchange rates for the Canadian dollar versus the U.S. dollar are Curency per USD equiv USD 0.8759 1.1417 last

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Question 5 1 pts Assume the exchange rates for the Canadian dollar versus the U.S. dollar are Curency per USD equiv USD 0.8759 1.1417 last week this week 0.8761 1.1414 Which statement is correct given this information? It is cheaper for an American to travel in Canada this week than it was last week This week you can exchange C$1 for $1.1414 It is more expensive for an American to travel in Canada this week than it was last week The Canadian dollar depreciated from last week to this week

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