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Net Exports Usually ________ When the Australian Economy Is in a Recession

question 74

Multiple Choice

Net exports usually ________ when the Australian economy is in a recession and ________ when the Australian economy is expanding.


Definitions:

US Dollars

The currency of the United States of America, widely used as a standard of exchange in international markets.

Forward Market

A market where individuals can engage in agreements to purchase or sell assets at a predetermined date and price in the future.

Foreign Exchange Currency Risk

The potential for financial losses due to changes in the exchange rate between currencies.

Canadian Dollar

The official currency of Canada, represented by the symbol CAD or C$.

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