How Could One Describe the International Demand for the Canadian

Question 26
Multiple Choice

How could one describe the international demand for the Canadian dollar? A)It is downward-sloping because a higher price of the dollar means that Canadian goods are cheaper to foreigners. B)It is downward-sloping because a higher price of the dollar means that Canadian goods are more expensive to foreigners. C)It is upward-sloping because a lower price of the dollar means that Canadian goods are cheaper to foreigners. D)It is downward-sloping because a lower price of the dollar means that Canadian goods are more expensive to foreigners. E)It is upward-sloping because a lower price of the dollar means that Canadian goods are more expensive to foreigners.