The Supply Curve for Japanese Yen on the Foreign-Exchange Market

Multiple Choice

The supply curve for Japanese yen on the foreign-exchange market is upward-sloping when plotted against the exchange rate (measured as the Canadian dollar price of one Japanese yen) because

A) when the dollar appreciates,Canadian goods are cheaper in Japan,and more Canadian exports are therefore demanded.
B) a depreciation of the dollar will cause the yen prices of Canadian goods to rise.
C) when the dollar depreciates,the price of Japanese exports to Canada decreases.
D) an appreciation of the dollar will cause the yen prices of Canadian exports to fall.
E) when the dollar depreciates,Canadian goods are cheaper in Japan,and more Canadian exports are therefore demanded.