Which of the following events in the foreign exchange market might have increased the Canadian dollar exchange rate?

Question

Accepted Answer

An increase in the expected future exchange rate increased the demand for Canadian dollars and decreased the supply of dollars.

Answer

An increase in the world demand for Canadian exports decreased the demand for Canadian dollars.

Answer

An increase in Canada's demand for imports decreased the supply of Canadian dollars.

Answer

An increase in Canada's demand for imports decreased the demand for Canadian dollars.

Answer

An increase in the expected future exchange rate decreased the demand for Canadian dollars and increased the supply of dollars.

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