inflation rate becomes high relative to Canadian inflation. Other things being equal, how should this affect the; (a) US demand for Canadian dollars (b) Supply of Canadian dollars for sale (c) Equilibrium value of the Canadian dollar (2 marks) Answers: a) US demand for Canadian dollars should increase, as some US consumers would want to buy more Canadian products. b) Supply of Canadian dollars for sale should decrease because of the
Words: 2132 - Pages: 9
user for specified input. 2. The main user screen shall have an application title. 3. The main user screen should have a short description saying how to use the program. 4. The calculation should be executed only after all the valid input values are provided. 5. The program shall allow the user to clear all the input fields and do the calculations over. Input-Process-Output |Input |Process |Output
Words: 1378 - Pages: 6
Is there a relationship between rising US unemployment and the rise of the Canadian dollar? Canada’s financial stability depends on the health of America’s economy, as international trade accounts for 45% of Canada’s Gross Domestic Product (GDP) and 79% of exports are to the United States. Canadian and American unemployment rates are positively correlated for that reason, as exemplified in early 2009. Canada’s unemployment rate quickly steepened as the United States’ rate gradually increased to
Words: 1619 - Pages: 7
international value as real Declare US value as real Do while user wants to continue Call display Menu Call get international value Call convert currency Call display results End while Print exit message End main module Display Menu Declare continue as Boolean Set continue = true While continue = true Display "Welcome to the international currency conversion program" Display "Please make a selection" Display "International Currency Types:" Display "1: Canadian Dollars" Display
Words: 892 - Pages: 4
none of the above 1 points Question 28 Question 28 1. The phrase “the dollar was mixed in trading” means that: Answer the dollar was strong in some periods and weak in other periods over the last month. the volume of trading was very high in some periods and low in other periods. the dollar was involved in some currency transactions, but not others. the dollar strengthened against some currencies and weakened against others. 1 points Question
Words: 378 - Pages: 2
Currency Conversion Test Procedure Display Menu Declare as Boolean Set = true While = true Display = International Currency Conversion Program Display = Make a Selection Display = International Currency Types Display = Canadian Dollars Display = Mexican Pesos Display = English Pounds Display = Japanese Yen Display = French Francs Display = Quit Display = Enter a Selection Input Currency Type If Currency Type >= 5 and Currency Type <=25 then Set = false Else if currency
Words: 1040 - Pages: 5
Introduction: Clearwater Seafoods (CS) is a seafood exporting firm based in Canada. The firm is suffering value declining from international trade due to the appreciation of Canadian dollars. Hence, the company’s value declined for 35% that fails to distribute dividends under income trust since 2002. The company has to hold a conference for shareholders to establish an appropriate strategy to address the value declining problem and change its unit holder’s pessimistic shareholding sentiment. This report will
Words: 2238 - Pages: 9
almost its lowest point since 2008 and Canadian Dollar has dropped below its lowest rate since 2003. In the past six months, the value of Canadian dollar has dropped by 70% against the US Dollar and the price of oil has declined by 15.6%. In this case, many people think that the Loonie depends on the price of oil only. However, they do not know that there are other reasons why the Canadian dollar goes up and down. People are considered the Canadian dollar as a petrocurrency. There is much evidence
Words: 372 - Pages: 2
to compete with lower-cost labor sources worldwide. Add the economic malaise of 2007-2008, and the years 2006-2010 reflect an economic upheaval never seen before, or likely, since. This exercise tracks the exchange rate between the US dollar and the Canadian dollar over that period, and , the author believes, tracks closely the macroeconomic conditions between the two countries during the selected period of 2006-2010. This paper will show that a review of economic history, followed by a review of
Words: 922 - Pages: 4
type and currency value from user. OUTPUT: Currency value and same as US dollar value option := 0; value := 0; converted := 0; write(“Currency Convertor ”); rite(“1. Canadian dollars to US dollars”); write(“2. Mexican pesos to US dollars”); write(“3. English pounds to US dollars”); write(“4. Japanese yen to US dollars”); write(“5. French francs to US dollars”); write(“Enter the choice:”); read(option); write(“Enter the amount:”); read(value); if ( option
Words: 267 - Pages: 2
