Airbus is a European producer of airliners. Indian Airlines wants to buy 23 Airbus planes from Airbus because of an increased demand for world travel. The currency of India is the rupee. The currency of the European Union is the euro. As a result,
A)the supply curve of euros shifts rightward.
B)the supply curve of euros shifts leftward.
C)the demand curve for rupees shifts rightward.
D)the demand curve for euros shifts leftward.
E)demand curve for euros shifts rightward.

Question

Quizplus · Accepted Answer

Indian Airlines needs to exchange rupees for euros to purchase Airbus planes, increasing the demand for euros.

Airbus Is a European Producer of Airliners