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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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