If the average productivity of Canadian firms is rising more quickly than the average productivity of Indian firms, which of the following would you expect to see?

A) an increase in the value of the rupee relative to the dollar
B) a decrease in the prices of Indian products
C) a decrease in the quantity demanded of Indian products relative to Canadian products
D) an increase in the quantity demanded of Indian products relative to Canadian products


Ans: C) a decrease in the quantity demanded of Indian products relative to Canadian products

Economics

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