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The attached problem please 1. Does auto industry investment and cross border shopping respond differently to uctuations in exchange rates? Why or why not? Discuss

The attached problem please

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1. Does auto industry investment and cross border shopping respond differently to uctuations in exchange rates? Why or why not? Discuss this in relation to material covered in class. 2. What other industries or behaviours might respond to changes in the exchange rate? How will they respond? 3. Who gains and who loses out from appreciations in the Canadian dollar

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