Which of the following would lead to a leftward movement along the supply curve of euros?
A) An increase in the U.S.interest rate relative to the European interest rate
B) An increase in the dollars per euro exchange rate
C) A decrease in Europe's GDP
D) A decrease in the dollar price of the euros
E) A decrease in the U.S.price level relative to the European price level.

Question

Quizplus · Accepted Answer

A leftward movement along the supply curve of euros indicates a decrease in the quantity of euros supplied. A decrease in the dollar price of euros means that fewer euros are supplied at the lower price, leading to a movement along the supply curve.

Which of the Following Would Lead to a Leftward Movement