-Refer to Figure 12

Multiple Choice

-Refer to Figure 12.1. In terms of the diagram a rise in commodity prices and Canadian exports of crude oil and commodities would:

A) shift D₀ to the right and raise the exchange rate
B) shift S₀ to the left and raise the exchange rate.
C) shift S₀ to the right and lower the exchange rate.
D) shift S₀ and D₀ in offsetting ways and leave the exchange rate unchanged.