If the Australian Dollar Depreciates, the Effect of This Is

question 86

Multiple Choice

If the Australian dollar depreciates, the effect of this is likely to be:

• A) exports will be more expensive.
• B) imports will be cheaper.
• C) import-competing domestic goods will be relatively expensive.
• D) 'imported inflation' may become a problem.

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Definitions:

Breach of Warranty

A violation of the guarantees made about a product or service, which can lead to legal action for damages.

Compatible Equipment

Devices or machinery designed to work together without conflict or modification.

Salesperson Promised

Refers to the commitments or guarantees made by a salesperson to induce a customer to buy.

Ethically Acceptable

Actions or decisions that conform to moral principles and are considered morally good or right in the context of a particular situation.