half yearlii questions (1 Viewer)

[know_it_all]

our teacher made evry qn on the exam from a past paper
but these two i cant confirm answers cos theyr from cath trials n i cant find answers on those

Which of the following wud result from a deterioration in the TOT?
a) exch rate appreciates
b) cad increases
c)more x needed to finance same volume of m
d) x price wud rise more than m price

what wud b the impact on Aus of strong domestic economic growth and slowdown in global economy?
a) x rise, m rise, cad deteriorate
b) x fall, m rise, cad deteriorate
c) x fall, m rise, cad improve
d) x fall, m fall, cad deteriorate

thanks, jst wana c if wat i put was rite

 

[nick1048]

a) and b)

 

[Jago]

I would've answered C and B, that's only because i have no idea what exchange rate apps is.

p.s. reading your question was a real pain...

 

[know_it_all]

sori it was such a pain!!
app= appreciates

im gettin mixed answers here...ohwel
thx neway, much appreciated

 

[Jago]

I would still have to say C.

 

[sunjet]

B for first one, not sure on 2nd one.. can't think when reading a question so badly worded

 

[azza_3761]

i think the 2nd one is D as that seem to be the only choice wher domestic eco inc and global econ dec.

 

[know_it_all]

hey! i didnt write the question
dun blame me lol

 

[nick1048]

It's a) because an increase in the domestic currencies value would result in cheaper and hence more imports and erode at the international competitivness of exports because it now costs more for foreigners to purchase domestic output.

The second one is very poorly written, I don't think it's any of them, I can barely get what you mean :S

 

[sunjet]

I dont agree. if theres a deterioation in terms of trade.. then the price of imports is going up while exports is staying the same.. therefore its increasing CAD and the demand for exports is going down which cause a deppreciation in the exchange rates.. TOT is proportional to Exchange rates?

 

[ando_88]

1 is definately C, we had the same question in our exam. That is the basic definition of the TOT

2 is B

 

[mattchan]

C and B in my opinion

 

[Jago]

these are pretty tough/badly worded questions...

 

[mattchan]

person should have rewrote the question using proper english and no shortcuts, then it might make more sense