Thedemand curve for euros (in terms of U.S. dollars) is

Multiple Choice

a. downward-sloping because, at lower dollar prices for euros, Americans will want to buy more European goods and services.

b. downward-sloping because, at higher dollar prices for euros, Americans will want to buy more European goods and services.

c. downward-sloping because the dollar price of euros and the euro price of dollars are directly related.

d. upward-sloping because a higher dollar price of euros makes European goods and services more attractive to Americans.