FIGURE 34-5 Refer to Figure 34-5

FIGURE 34-5 Refer to Figure 34-5.Assume Canada has flexible exchange rates.The leftward shift in the supply curve from S₀ to S₁ may be due to a

A) fall in the Canadian demand for foreign imports.
B) fall in the world's demand for Canadian exports.
C) rise in the world's demand for Canadian exports.
D) rise in the Canadian demand for foreign imports.
E) rise in the Canadian demand for foreign assets.