In the foreign exchange market for Canadian dollars, what does the law of supply of foreign exchange state?

Question

Answer

As the exchange rate falls, the supply of Canadian dollars decreases.

Answer

As the exchange rate falls, the supply of Canadian dollars increases.

Answer

As the exchange rate falls, the quantity of Canadian dollars supplied increases.

Answer

As the exchange rate rises, the quantity of Canadian dollars supplied increases.

Answer

As the exchange rate rises, the supply of Canadian dollars increases.

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