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An Australian firm ' AA 1 ' is producing goods and selling them to Australian customers. AA 1 obtains all inputs from other Australian firms
An Australian firm AA is producing goods and selling them to Australian customers. AA
obtains all inputs from other Australian firms and faces no competition from other Australian
firms. AA does have a major competitor, one which is owned and operated in New Zealand.
BB is an Australian firm which has preordered inputs from Japan, priced in Japanese Yer to
produce and supply products to Australian customer
AA has
exposure and BB has
exposure.
economic; translation
translation; transaction
economic; transaction
transaction; translation
None of the other options are correct
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