Exchange rate between the united states and canadian dollars
Question: Suppose that the inflation rate in the United States is 4 percent and in Canada it is 5 percent. What would you expect is happening to the exchange rate between the United States and Canadian dollars?
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a. If GGC sells scrapers in Trinidad, what is the currency risk faced by the firm?
What would you expect is happening to the exchange rate between the United States and Canadian dollars?
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