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Author Question: Suppose the Australian dollar increases substantially in value relative to other currencies. What is ... (Read 116 times)

Mimi

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on: Jul 14, 2018
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.


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milbourne11

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Reply #1 on: Jul 14, 2018
Answer to Question 1

A

Answer to Question 2

D


Mimi

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Reply #2 on: Jul 14, 2018
Correct answers!


milbourne11

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Reply #3 on: Jul 14, 2018
Great! Please up vote :D


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