The Supply Curve for Australian Dollars in the Foreign Exchange

The supply curve for Australian dollars in the foreign exchange market is likely to be upward sloping because as the price of a dollar (the exchange rate) rises:

A) foreigners demand more Australian goods because these goods have become more expensive to foreign consumers
B) foreigners demand more Australian goods because these goods have become less expensive to foreign consumers
C) Australians demand more foreign goods because these goods have become less expensive to Australian consumers
D) Australians demand fewer foreign goods because these goods have become more expensive to Australian consumers