Refer to above figure. What happens to the Consumer Surplus of Hungarian customers as a result of this subsidy?

If, in 2000, $1 = 1.5 euros, and in 2007, $1 = 0.9 euros, which of the following statements would be TRUE?

a. More American tourists will find it cheaper to travel to Europe. b. More Europeans will stay home as visits to the United States become more expensive. c. Europeans will import fewer products from the United States. d. Americans will import fewer products from Europe.

We would expect the euro to depreciate when there is a __________ shift in the euro demand curve or a __________ shift in the euro supply curve

A) rightward; rightward B) rightward; leftward C) leftward; rightward D) leftward; leftward