If the Canadian dollar strengthens against the British pound, which of the following will not happen?

A) Canadian tourism in England will increase.
B) British tourism in Canada will decrease.
C) Canadian imports of British goods will decrease.
D) Britain's Jaguar motorcar will cost Canadians less.

Question

Khuong Daniel · Accepted Answer

Final Answer : C, Explanation :  If the Canadian dollar strengthens against the British pound, Canadian imports of British goods will actually become cheaper, leading to an increase in demand for those goods rather than a decrease. This is because the exchange rate between the two currencies has improved in favor of the Canadian dollar, making it less expensive for Canadian businesses and consumers to purchase goods and services from Britain. Therefore, only option C will not happen.

If the Canadian dollar strengthens against the British pound, which of the following will not happen?

A) Canadian tourism in England will increase.
B) British tourism in Canada will decrease.
C) Canadian imports of British goods will decrease.
D) Britain's Jaguar motorcar will cost Canadians less.

Definitions

Learning Objectives

Learning Objectives

Related questions

If the Canadian dollar strengthens against the British pound, which of the following will not happen?A) Canadian tourism in England will increase.B) British tourism in Canada will decrease.C) Canadian imports of British goods will decrease.D) Britain's Jaguar motorcar will cost Canadians less.

Definitions

Learning Objectives

Learning Objectives

Related questions

If the Canadian dollar strengthens against the British pound, which of the following will not happen?

A) Canadian tourism in England will increase.
B) British tourism in Canada will decrease.
C) Canadian imports of British goods will decrease.
D) Britain's Jaguar motorcar will cost Canadians less.