Which of the Following Would Lead to a Leftward Shift

question 123

Multiple Choice

Which of the following would lead to a leftward shift in the supply curve for Czech kroner?

• A) A decrease in the dollar-krona exchange rate
• B) An increase in the Czech Republic's GDP relative to U.S.GDP
• C) Expectation that the dollar price of the krona will rise
• D) Stronger Czech interest in U.S.audio CDs
• E) An increase in the U.S.interest rate relative to the Czech interest rate.

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Definitions:

Columbian Exchange

The widespread transfer of plants, animals, culture, human populations, technology, and ideas between the Americas and the Old World in the 15th and 16th centuries, following Christopher Columbus's 1492 voyage.

Bartolomé De Las Casas

A 16th-century Spanish friar, historian, and social reformer who became an advocate for the rights of indigenous peoples of the Americas, denouncing their exploitation and abuse by European colonizers.

Conquistadores

The Spanish and Portuguese soldiers and explorers who led military expeditions in the Americas and Asia during the 15th to 17th centuries, known for their conquests of indigenous territories.

Christopher Columbus

An explorer from Italy who undertook four journeys across the Atlantic, paving the path for extensive European exploration and settlement in the Americas.