Consider the Market in Which Canadian Dollars Are Exchanged for British

Consider the market in which Canadian dollars are exchanged for British pounds. A decreased preference of Canadian consumers for British goods would

A) lead to a temporary excess demand for British pounds on the international currency market.
B) shift the supply- of- pounds curve to the right and lead to a fall in the exchange rate.
C) shift the demand- for- pounds curve to the left and lead to a fall in the exchange rate.
D) shift the supply- of- pounds curve to the left and lead to a rise in the exchange rate.
E) shift the demand- for- pounds curve to the right and lead to a rise in the exchange rate.