Question: Question help needed: Current price levels in Australia and Canada are AUD5539 and CAD10878 for an equivalent unit of goods, respectively. Suppose the current spot

Question help needed:

Current price levels in Australia and Canada are AUD5539 and CAD10878 for an equivalent unit of goods, respectively. Suppose the current spot exchange rate is CAD2'55/AUD, what is the internal and external purchasing power of AUD2 million? Is the AUD expected to appreciate or depreciate relative to the Canadian dollar? 0 a. 361.08 units of goods; 468.84 units of goods; depreciate O b. 361.08 units of goods; 468.84 units of goods; appreciate O c. 784.31 units of goods; 72.10 units of goods; appreciate Q d. 784.31 units of goods; 72.10 units of goods; depreciate

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