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

question 70

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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