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All Else Being Equal,a Significant Appreciation of the Australian Dollar

Question 25

Multiple Choice

All else being equal,a significant appreciation of the Australian dollar is likely to result in:


A) a reduced demand for Australian goods and layoffs of Australian workers.
B) an increased demand for Australian goods and increased employment of Australian workers.
C) lower foreign currency prices of Australian goods in foreign countries.
D) higher Australian dollar prices for foreign goods in Australia.

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