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Canada is exporting oil to Germany. What is the impact of this transaction on currency demand and supply in Canada? a) Demand for CAD and

Canada is exporting oil to Germany. What is the impact of this transaction on currency demand and supply in Canada?

a) Demand for CAD and supply for EUR won't be affected. b) Demand for CAD won't be affected, but supply for EUR will increase. c) Demand for CAD will increase and supply for EUR drops. d) Demand for CAD drops and supply for EUR will increase. e) Demand for CAD and supply for EUR will drop. f) Demand for CAD and supply for EUR will increase.

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