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The direct impact on Canadian inflation of an exchange rate appreciation occurs because K .. . O A. lower prices of imports to Canada are

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The direct impact on Canadian inflation of an exchange rate appreciation occurs because K .. . O A. lower prices of imports to Canada are deflationary. O B. increasing net exports increase aggregate demand. O C. lower prices of Canadian exports are deflationary. O D. decreasing net exports lead to stagflation. O E. decreasing net exports decrease aggregate demand

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