Due to recent trade wars, China places a strict quota on cars imported from the U.S. and the U.S. places a strict quota on electronics imported from China. This event should immediately cause the U.S. demand for CNY to ____, and the supply of CNY to be exchanged for U.S. dollars to ____:

Select one:

a.

increase; increase

b.

increase; decline

c.

decline; decline

d.

decline; increase