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A depreciating Canadian dollar will have ________ effect on Prime Outlets in Niagara Falls, NY, USA.

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User Zstack
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1 Answer

3 votes

Answer:

A depreciating Canadian dollar will have a positive effect on Prime Outlets in Niagara Falls, NY, USA.

Because Prime Outlets is in the United States and draws Canadian visitors, a weakening Canadian currency would make shopping in the United States more affordable for Canadians. This might result in an increase in Canadian visitors shopping at Prime Outlets, increasing sales and earnings.

answered
User Sivanes
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8.2k points
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