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Assume that the United States invests heavily in government and corporate securities of Australia . In addition, residents of Australia invest heavily in the United

Assume that the United States invests heavily in government and corporate securities of Australia. In addition, residents of Australia invest heavily in the United States. Approximately $5 trillion worth of investment transactions occur between these two countries each year. The total dollar value of trade transactions per year is about $8 million. Then ____ directly influences their exchange rate the most

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