Canadian dollar appreciated against the US dollar

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Reference no: EM13837870

In 2003 to 2004, the Canadian dollar appreciated against the US dollar. Explain the effects of this appreciation on each of the following.

a. Canadian exporters of goods to the US

b. Canadian firms that buy machinery and equipment from US suppliers

c. cross border shoppers from Canada who shop for goods in the US

d. retired Canadians who live in Arizona and Florida during the winter months.

Reference no: EM13837870

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