The Effect of an Increase in the Exchange Rate for Australian

question 35

Multiple Choice

The effect of an increase in the exchange rate for Australian dollars relative to other major world currencies would include:

• A) Offshore debt would become more expensive.
• B) The cost of importing goods from overseas would increase.
• C) People buying goods overseas with Australian dollars would find the goods relatively cheaper than before.
• D) The cost of Australian exports for overseas buyers would decrease.

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Definitions:

Transcription

The method through which the data encoded in a DNA strand is replicated into a new messenger RNA (mRNA) molecule.

RNA Polymerase

Enzyme that carries out transcription.

Promoter Site

A region of DNA that initiates transcription of a particular gene.

Messenger RNA

A type of RNA molecule that carries genetic information from DNA to the ribosome, where it directs protein synthesis.