Back to category: Business Limited version - please login or register to view the entire paper. Questions on Economics Question 1: How would a 10% general appreciation of the $A be likely to affect: ¡¤ The cost of your overseas trip to Bali? The cost of my overseas trip to Bali would be cheaper. For example, before $A appreciation, $1AUS could buy $4730 Rupiah for our use in Bali. And now the value of $A increase, that means $1AUS could buy about $5000 Rupiah even more. So the $A appreciation is good for travelling for us, it¡¯s beneficial for us. ¡¤ The Volume of Australian wool exports sold to Japan? Because the $A appreciate, the volume of Australian wool exports would decrease. When $A appreciate against other countries, the general price of goods or services will be expensive for those countries. Then countries we traded before will be looking for another country with a cheaper price of goods and services that same to our productions. ¡¤ Education fees... Posted by: Geraint Watts Limited version - please login or register to view the entire paper. |
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