Currency Fluctuations (1 Viewer)

hopeles5ly

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This is in relation to currency fluctuations and this is the dialogue from the skyes textbook. So can anyone please explain how it works as i forgot. Thanks :)

a fall in the value of the $A = increase value of other curriences -> imports more expensive, exports cheaper ->increase in competitiveness of Australian businesses


a rise in the value of the $A = decrease value of other currienecs -> imports cheaper, exports more expensive -> Fall in competivness of Australian businesses.
 

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