Question: The current exchange rate between the U.S. dollar and the Australian dollar is U.S. $1 = AUD$1.21. If the U.S. dollar is expected to appreciate

The current exchange rate between the U.S. dollar and the Australian dollar is U.S. $1 = AUD$1.21. If the U.S. dollar is expected to appreciate by 3% relative to the Australian Dollar. What is the current exchange rate 1 AUD$/ US$? Choose... What is the new exchange rate of 1 US $/ AUD $? Choose... What is the new exchange rate of 1 AUD$/ US$? Choose... The Australian Dollar Percentage change against the USD is Choose... If the U.S. dollar is expected to appreciate by 3% relative to the Australian Dollar, then Choose... the Australian Dollar is depreciated by 3% against the US dollar (True, False)

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