If Australia's national income begins to grow quite rapidly and Australia's demand for German imports grows,then there would be:

Question

Quizplus · Accepted Answer

If Australia's national income is growing rapidly, it means the country has higher purchasing power, which will result in increased demand for imports from other countries like Germany. This will lead to an increase in the supply of AUD as Australians would need to exchange more of their currency to buy foreign goods.

If Australia's National Income Begins to Grow Quite Rapidly and Australia's