Refer to the diagram below where D and S are Canada's demand for and supply of Swiss francs. At the equilibrium exchange rate, E, Canada's balance of payments is in equilibrium. A shift of the demand curve to D' might be the result of: 
A) a relative decline in interest rates in Switzerland.
B) a reduction in Canada's relative price level.
C) a recession in Canada, which slows its rate of growth.
D) a relative decline in interest rates in Canada.
Correct Answer:
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