Depreciation of the Canadian dollar will tend to:
decrease the prices of both Canadian imports and exports
have no effect on the prices of Canadian imports and exports
increase the prices of the products that Canadians import, but decrease the prices to foreigners of the products that Canadians export
decrease the prices of the products that Canadians import, but increase the prices to foreigners of the products that Canadians export
increase the prices of both Canadian imports and exports