Question: please only answer if you know the real answer 1/ Which of the following is a correct statement assuming the quote below is observed in
please only answer if you know the real answer
1/ Which of the following is a correct statement assuming the quote below is observed in Australia:
Select one:
a. This is a direct quote.
b. The AUD is the commodity currency.
c. The AUD is the terms currency.
d. The USD is the commodity currency.
2/ The Hong Kong Dollar (HKD) has been exchanged for 7.75 USD since 1998. This is an example of a:
Select one:
a. floating exchange rate.
b. crawling peg exchange rate.
c. pegged exchange rate.
d. managed float.
3/ The exchange rate regime in Australia can be predominantly classed as:
Select one:
a. a floating exchange rate.
b. an adjustable peg.
c. a fixed exchange rate.
d. both B. and C. correct.
4/ An Australian exporter of goods and services would prefer:
Select one:
a. a revaluation of the AUD.
b. a devaluation of the AUD.
c. a depreciation of the AUD.
d. an appreciation of the Australian Dollar (AUD).
5/ An Australian importer of goods and services would prefer:
Select one:
a. a depreciation of the AUD.
b. a devaluation of the AUD.
c. an appreciation of the Australian Dollar (AUD).
d. a revaluation of the AUD.
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