You are a Canadian investor with most of your money in the Canadian dollar. Mark each of the following as most likely to increase (I) or decrease (D) in the strength of the Candandian dollar compared to the other country's currency.
(a) Singapore increases its exports to Canada by a large amount.
(b) China increases its risk-free rate and the Canadian risk-free rate does not change
(c) Argentina devalues its currency compared to a basket of currencies (that includes Canada)
Explain why for each.