When Michael from Ontario buys hockey tickets in Michigan to watch the Maple Leafs crush the Red Wings, the effect on the foreign exchange market is a
A) rightward shift of the supply curve of U.S. dollars.
B) rightward shift of the demand curve for Canadian dollars.
C) rightward shift of the supply curve of Canadian dollars.
D) leftward shift of the supply curve of U.S. dollars.
E) leftward shift of the demand curve for U.S. dollars.
Correct Answer:
Verified
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