Indicate whether each of the following creates a demand for, or a supply of, Canadian dollars in foreign exchange markets.Indicate the direction of the shift and whether the shift results in the Canadian dollar appreciating or depreciating.

a.A decrease occurs in the demand for foreign goods by Canadian citizens.

b.An increase occurs in the demand for Canadian goods by foreigners.

c.Foreign tourists dramatically decrease the amount they travel to Canada.

d.To escape the cold winters, Canadians purchase condos and apartments across the U.S. Southwest.