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Question 1.1 [8 MARKS] In the mid-2000, as the value of the Australian dollar rose more people were buying goods from overseas on the internet
Question 1.1 [8 MARKS] In the mid-2000, as the value of the Australian dollar rose more people were buying goods from overseas on the internet and having them shipped to Australia. Consider market equilibrium forces, does this mean purchasing power is more or less likely to hold for these goods? Support your answer with an example of a commodity and an international trading country. Question 1.2 [4 MARKS] What would be the motives for foreign financial interests to invest in Australia in the i) short term and ii) long term
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