The exchange rate for the australian dolllar is currently, Finance Basics

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The exchange rate for the australian dolllar is currently

The exchange rate for the Australian dolllar is currently 1.40 Australian dollars/US$. This exchange rate is expected to rise by 10% over the next yerar. Is the Australian dollar expected to get stronger or weaker, nd why?

A.) Weaker, because the US dollar will buy more Australian dollars.
B.) Stronger, because the Australian dollr will cost more
C.) Weaker, because the exchange rate decreases
D.) Stronger, because the price of its exports will increase

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Finance Basics: The exchange rate for the australian dolllar is currently

Reference No:- TGS0602075

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: The exchange rate for the australian dolllar is currently

Reference No:- TGS0602075

Recent Questions Asked Finance Basics

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