Answer:
The correct answer is:
It will decrease US exports to Canada (A)
Explanation:
when the value of a currency increases in relation to another, it means the people in the country with the lower valued currency will pay more in exchange for the other currency. This affects imports and exports also. Let me use the example below to explain this scenario:
if the exchange rate for 1 US dollars to Canadian dollars is 2, this means that every US dollar is equivalent to 2 Canadian dollars. If there is a trade on electronic equipment between a Canadian and a US entrepreneur, at an exchange rate of 2, and say one of the equipment costs 10 US dollars, the Canadian will have to pay 20 Canadian dollars (10 × 2) for each of the items. If the value of the US dollar increases to 5 US dollars for every Canadian dollar, and the cost of the equipment remains the same, the Canadian will now spend 50 Canadian dollars (10 × 5) for a piece of the same equipment. This will make the Canadian seek cheaper alternatives, hence the rate of export from the US will reduce because the Canadian buyers will for cheaper alternatives.
Answer:
While being youths, we are at the center of absolute strength. We think big, hope for the best and envision a better tomorrow, thereof making unceasing efforts to turn our lifelong dreams into concrete actions. Youthfulness is in practice a phase of thorough and whole change—a perfect transition in terms of physique and mentality, society and environment, regionality and universality. The phase of youth transports one from one world to another world—a world so different like scuba-diving and space exploration. Youths are such a layer of the society which has been the center of the focus of the remainder. The period of youth happens to be one of essence and core, ripened common sense and rationale accompanied by practicality and pragmatistic tendencies.
Explanation:
