If the Australian Dollar Appreciates, the Effect of This Is

question 19

Multiple Choice

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

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

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Definitions:

Temperature

A measure of the warmth or coldness of an object or environment, typically expressed in degrees of a specified scale (e.g., Celsius, Fahrenheit).

Deoxyribonucleic Acid

A molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms and many viruses, often abbreviated as DNA.

DNA

A complex molecule that contains genetic information.

Human Genome Project

A scientific research project that aimed to determine the sequence of nucleotide base pairs that make up human DNA, and to identify and map the genes of the human genome.