Explain the effects of the AUD appreciation on: (1) Exports of Australian goods, the price level of imported goods in Australia and tourism to Australia; (2) Revenues of Australian financial institutions with South-east Asian trading subsidiaries in Japan (which earn profit in Yen). Explain based on imported goods and tourism. Then financial institutions and the yen. 

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1 Effects of AUD appreciation on imports exports and tourism Exports of Australian goods An appreciation of the Australian ... View the full answer