Question: When the foreign exchange rate for the USD changes from AUD$1.00 to AUD$0.80 then, holding everything else constant: Select one: a. The USD has depreciated

When the foreign exchange rate for the USD changes from AUD$1.00 to AUD$0.80 then, holding everything else constant:

Select one:

a.

The USD has depreciated and Australian cars sold in USA become more expensive.

b.

None of the given choices.

c.

The USD has appreciated and USD cars sold in Australia become less expensive.

d.

The USD has depreciated and USD cars sold in Australia become more expensive.

e.

The USD has depreciated and Australian wheat sold in USA becomes less expensive.

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