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MGTA01H3 Midterm: midterm- SAQ- 2010- 2.pdf

79 views10 pages
pearraccoon113
1 Jul 2012
School
UTSC
Department
Management (MGT)
Course
MGTA01H3
Professor
mcckoncey

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MGTA01H3 Full Course Notes
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MGTA01H3 Full Course Notes
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Document Summary

Thur: please write all answers in pen and as clearly and neatly as possible. Then, you write either question 3 or 4: you have 90 minutes to write the exam. Do not write below for marking purposes only. The canadian dollar is now equal to approximately uk 0. 61 (61 british pence) and also equal to ussh. 98 (98 american cents). Assume that over the next year the canadian. Dollar will change in value to be worth uk 0. 50 and worth us. 10. What would you expect to be the effect upon the following: (explain and justify all of your answers): canada"s balance of trade with the united kingdom? (8 marks) If the value of the canadian dollar goes from being worth uk 0. 61 (61 british pence) to uk 0. 50 over the next year, the canadian dollar is depreciating, i. e. it is worth less. The weaker canadian dollar will make it more expensive for canadian businesses and.

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