This topic contains a solution. Click here to go to the answer

Author Question: Suppose the Australian dollar increases substantially in value relative to other currencies. What is ... (Read 101 times)

Mimi

  • Hero Member
  • *****
  • Posts: 542
Suppose the Australian dollar increases substantially in value relative to other currencies. What is the likely result?
 A) Australian exports will decrease and imports will increase.
  B) Australian exports will increase and imports will decrease.
  C) Australian exports will decrease and imports will decrease.
  D) Australian exports will increase and imports will increase.
  E) There will be no change to exports or imports.

Question 2

If the value of the Canadian dollar increases substantially relative to other currencies, what is the likely result?
 A) Canadian exports and imports will increase.
  B) Canadian exports and imports will decrease.
  C) Canadian exports will increase and imports will decrease.
  D) Canadian exports will decrease and imports will increase.
  E) There will be no change in exports or imports.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

milbourne11

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

A

Answer to Question 2

D





 

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

For a complete list of videos, visit our video library