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In 2003 to 2004, the Canadian dollar appreciated against the US dollar. describe the effects of this appreciation on each of the following.

a. Canadian importers of goods from the US
b. Canadian firms that sell commodities to US buyers
c. American tourists who come to Canada
d. US investors who had purchased Canadian securities prior to this currency appreciation

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M973492

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