Question
a) Explain with an example what it means when the Australian dollar has appreciated against your home currency. (If you are a local student, use
a) Explain with an example what it means when the Australian dollar has appreciated against your home currency. (If you are a local student, use the New Zealand dollar as an example which, the exchange rate is A$1=NZ$1.05).
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Macroeconomics
Authors: David Colander
8th edition
978-0078004407, 78004403, 978-0077247171, 77247175, 978-0077307110
