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Classify each of the following as more likely to be on the demand or supply side of the exchange rate market for Australian dollars. Circle
Classify each of the following as more likely to be on the demand or supply side of the exchange rate market for Australian dollars. Circle or highlight the correct answers:
A U.S. tourist Jimmy visiting Australia: Demand Supply
An Australian investor wishing to invest in the U.S. restaurant business: Demand Supply
A currency speculator who thinks that the Australian dollar is going to strengthen: Demand Supply
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