Show the impact that a relative increase in Australian interest rates will have on the exchange rate of Chinese yuan for dollars. Explain what this will do to the level of goods imported from China to Australia and discuss the effect it will have on Australia's current account.
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The Answer of Show the impact that a relative increase in Australian interest rates will have on the exchange rate of Chinese yuan for dollars. Explain what this will do to the level of goods imported from China to Australia and discuss the effect it will have on Australia's current account.
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Show the Impact That a Relative Increase in Australian Interest