Question: Other things equal, an increase in the preference for Australian commodities by China would: Other things equal, an increase in the preference for Australian commodities
Other things equal, an increase in the preference for Australian commodities by China would:

Other things equal, an increase in the preference for Australian commodities by China would: O Cause an increase in the supply curve for the AUD (outward shift) and produce a depreciation of the AUD against the Chinese Yuan. O Cause a decrease in the supply curve for the AUD (inward shift) and produce an appreciation of the AUD against the Chinese Yuan. O Cause an increase in the demand curve for the AUD (outward shift) and produce an appreciation of the AUD against the Chinese Yuan. O Cause a decrease in the demand curve for the AUD (inward shift) and produce a depreciation of the AUD against the Chinese Yuan. O Cause no change in the Yuan/AUD exchange rate, due to China's fixed exchange rate regime
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