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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