The Supply of Euros on the Foreign Exchange Market Slopes

Multiple Choice

The supply of euros on the foreign exchange market slopes:

A) upward because European consumers buy fewer foreign goods when the value of the euro decreases.
B) upward because European consumers buy more foreign goods when the value of the euro decreases.
C) downward because European consumers buy fewer foreign goods when the value of the euro decreases.
D) downward because European consumers buy more foreign goods when the value of the euro decreases.