QUESTION 19When the Australian dollar appreciates, we know that, other things equal: the dollar is less expensive to foreigners. foreign goods are less expensive to Australians. foreign currency is more expensive to Australians. Australian goods are less expensive to foreigners. none of the above
QUESTION 19When the Australian dollar appreciates, we know that, other things equal: the dollar is less expensive to foreigners. foreign goods are less expensive to Australians. foreign currency is more expensive to Australians. Australian goods are less expensive to foreigners. none of the above
Chapter29: International Finance
Section: Chapter Questions
Problem 9P
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QUESTION 19When the Australian dollar appreciates, we know that, other things equal:
the dollar is less expensive to foreigners.
foreign goods are less expensive to Australians.
foreign currency is more expensive to Australians.
Australian goods are less expensive to foreigners.
none of the above
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