Suppose that the average price of goods imported from Great Britain increased. Is it likely that the value of the Australian dollar would appreciate or depreciate versus the British pound, ceteris paribus? Is it likely that the average price in British pounds of goods exported from Australia to Great Britain would rise or fall?
_____________________________________________________________________________________________
_____________________________________________________________________________________________

Question

Quizplus · Accepted Answer

The Answer of Suppose that the average price of goods imported from Great Britain increased. Is it likely that the value of the Australian dollar would appreciate or depreciate versus the British pound, ceteris paribus? Is it likely that the average price in British pounds of goods exported from Australia to Great Britain would rise or fall?
_____________________________________________________________________________________________
_____________________________________________________________________________________________

Suppose That the Average Price of Goods Imported from Great