Which of the following is most likely to cause a leftward shift of the demand curve for the Chinese yuan in exchange for the U.S.dollar?

Question

Quizplus · Accepted Answer

A decrease in the demand for Chinese products in the United States will decrease the demand for Chinese yuan, causing a leftward shift of the demand curve. This is because fewer U.S. dollars will be needed to purchase Chinese goods, leading to a decrease in the demand for Chinese yuan. Conversely, an increase in the demand for U.S. products in China (option A) would likely increase the demand for U.S. dollars, causing a rightward shift of the demand curve for Chinese yuan. Options B and C are not directly related to the demand for Chinese yuan and are therefore not the best choice.

Which of the Following Is Most Likely to Cause a Leftward