balance of payments and exchange rate HELP! (1 Viewer)

susan_chao

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How does the C.A.D deteriorate if imports increased, while exports remained the same??
wouldn't the CAD increase because more money is being spent on imports over exports????
Thank you!!
 

deswa1

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Deterioration in the CAD=increase in CAD
 

susan_chao

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Oh my gosh yes haha thank you, i get so confused with decreasing in negative numbers! Thank you sooooo much :)
 

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