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Economics

Draw a graph of the supply of and demand for the Canadian dollar by the U.S. market. Diagram the effect of each of the following on exchange rates, state in words whether the effect is long, medium,or short run, and explain your reasoning.

(a) More rapid growth in Canada than in the United States.

(b) A rise in U.S. interest rates.

(d) A recession in the United States.

(e) Expectations of a future depreciation in the Canadian dollar.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91231790

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