Which of the following shifts the supply curve of Canadian dollars rightward?
A)An increase in the demand for foreign goods by Canadians.
B)A decrease in the demand for Canadian goods by foreigners.
C)The dollar is expected to appreciate.
D)U.S.interest rates fall.
E)None of the above.

Question

Quizplus · Accepted Answer

An increase in the demand for foreign goods by Canadians would lead to an increase in the supply of Canadian dollars as Canadians exchange their currency to purchase foreign goods, shifting the supply curve rightward.

Which of the Following Shifts the Supply Curve of Canadian