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Suppose the exchange rate between Indian rupees and Canadian dollars is originally 50 rupees to the dollar. If it then changes to 57 rupees to
Suppose the exchange rate between Indian rupees and Canadian dollars is originally 50 rupees to the dollar. If it then changes to 57 rupees to the dollar, what will happen to the volume of imports of Indian goods into Canada? a. The volume of imports will change in an indeterminate direction. b. The volume of imports will stay the same. c. The volume of imports will rise. d. The volume of imports will fall
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