The current exchange (spot) rate between Canada and U.S. is C$1.31/$. The inflation in the US is expected to be 3% annually for the next two years, and the inflation of Canada is forecasted to be 4.5% annually for the next two years.

Select atruestatement.

The expected exchange rate between Canadian dollars and US dollars for the next year is C$1.33/$.

For the next year, US dollar is expected to depreciate against Canadian dollar.

For the next year, Canadian dollar is expected to appreciate against US dollar.

The expected exchange rate between Canadian dollars and US dollars for the next year is C$1.30/$.

The expected exchange rate between Canadian dollars and US dollars in two years is C$1.32/$.