Q. Show on a supply-and-demand diagram and explain in words what will happen to the Canadian exchange rate compared to the foreign exchange rate when the world demand for lumber, wheat, and paper increases. Ignore interactions with other sectors
Q. Makers of Tylenol pain reliever do a lot of advertising and have loyal customers. Makers of generic acetaminophen do not advertising. Which company has the bigger incentive for careful quality control? Explain your answer.