In the market for euros, the supply of euros (€) is
A) downward sloping, because lower dollar prices of euros mean that U.S. goods are cheaper to Europeans.
B) downward sloping, because higher dollar prices of euros mean that U.S. goods are cheaper to Europeans.
C) upward sloping, because higher dollar prices of euros means that U.S. goods are cheaper to Europeans.
D) upward sloping, because lower dollar prices of euros means that U.S. goods are cheaper to Europeans.
Correct Answer:
Verified
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