Assume a graph represents the market for dollars [and euros, with the exchange rate expressed in euros per dollar] and is initially in eguilibdum. What is the eitect of this "divergence" on the foreign exchange value of the dollar\"? The supply of dollars {to be traded for euros} will shift to the left _ The demand for dollars {to he obtained with euros] will shift to the right As a result of divergence the value of the dollar appreciates _