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Please can I know what would be the impacts of the premium/discount rates in regards to exports and imports? Table 2: Discounts/Premium of US$ (6

Please can I know what would be the impacts of the premium/discount rates in regards to exports and imports?

Table 2: Discounts/Premium of US$ (6 marks)

Exchange rate

% Discount/Premium (Show calculations with answer). Answer must be rounded to 2 decimals. (1 mark each)

State whether positive or negative for imports

(1 mark each)

State whether positive or negative for exports

(1 mark each)

/$

0.76563 - 0.76918 /0.76918 = 0.004615

= 0.46%

AUD$/$

1.37902 - 1.38140 /1.38140 = 0.001723

= 0.17%

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