With everything else the same, in the foreign exchange market the
A) the higher the exchange rate, the cheaper are Australian goods and services.
B) lower the exchange rate, the smaller the amount of Australian exports.
C) the lower the exchange rate, the smaller is the expected profit from buying dollars.
D) larger the value of Australian exports, the greater is the quantity of dollars demanded.
Correct Answer:
Verified
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A)the
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II. net
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