Question

the graph below shows the value of the u.s. dollar versus the Canadian dollar for the time period shown the value of the US dollar was generally

Answer 1

The correct answer is A!

Answer 2

The correct answer is A.

The number of Canadian dollars which are paid in exchange for 1 US dollar increases from around 0.98 in October, until reaching approximately 1.03 in March.

Actually, it has not been a sustained increase as, between November and February, the value of the US dollar has slightly decreased. Anyway, the global result of the whole period is the appreaciation of the US dollar versus the Canadian currency.