Select from red annotation; they are from the dropdown menu.

No need to draw a graph. Mention which way I should drag the Supply or Demand Curves is enough.

2. Equilibrium rate of exchange Suppose that, initially, the foreign exchange market between the United States and Australia is in equilibrium. Suppose that preferences for goods made in Australia change in the United States, causing U.S. consumers to purchase fewer goods and services made in Australia. Illustrate how this change affects the market for Australian dollars by shifting one or both of the curves on the following graph. Note: Select and drag one or both of the curves to the desired position. Curves will snap into position, so if you try to move a curve and it snaps back to its original position, just drag it a little farther. ? Supply Demand Supply U.S. DOLLARS PER AUSTRALIAN DOLLAR 1 Demand AUSTRALIAN DOLLARS depreciate This change in the market for Australian dollars causes the U.S. dollar to appreciate against the Australian dollar. Which of the following is a disadvantage of this change in the demand for foreign currency for the United States? American consumers face lower prices on Australian goods. American consumers face higher prices on Australian goods. U.S. exporting firms find it easier to sell goods in Australian markets. U.S. exporting firms find it more difficult to compete in the Australian market