Question: Statement 1 is: A. correct. B. incorrect, because based on the quote convention the investments value would be decreasing in Australian dollar terms. C. incorrect,

Statement 1 is:

A. correct.

B. incorrect, because based on the quote convention the investment’s value would be decreasing in Australian dollar terms.

C. incorrect, because the nominal Australian dollar value of the foreign investments will depend on movements in the Australian inflation rate.

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