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What Would Be the Effect of a Leftward Shift of the European

Question 85

Multiple Choice

What would be the effect of a leftward shift of the European demand curve for foreign exchange?  


A)  The price of foreign exchange in Europe would decrease. 
B)  The price of foreign exchange in Europe would increase. 
C)  Foreign goods would become more expensive in terms of euros. 
D)  European goods would become less expensive in terms of foreign exchange.

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