Refer to the graph shown. An increase in the U.S. price level would shift:
A. D1 left and S1 right, causing a depreciation of the euro.
B. D1 right and S1 right, causing a depreciation of the euro.
C. D1 left and S1 left, causing an appreciation of the euro.
D. D1 right and S1 left, causing an appreciation of the euro.
Answer: D
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