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The exchange rates between the Australian dollar and Jun 11$AUS3 $.71US Jul 11$AUS =$.73US Aug 1 1$AUS= $.79US Sep 11$AUS= $.83US This chart shows a a. weakening Australian dollar which makes it m- O a.

The exchange rates between the Australian dollar and Jun 11$AUS3 $.71US Jul 11$AUS =$.73US Aug 1 1$AUS= $.79US Sep 11$AUS= $.83US This chart shows a a. weakening Australian dollar which makes it m- O a.

International Financial Management
International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter3: International Financial Markets
Section: Chapter Questions
Problem 3IEE
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The exchange rates between the Australian dollar and the US dollar were as follows: Jun 11$AUS3 $.71US Jul 11$AUS = $.73US Aug 1 1$AUS= $.79US Sep 11$AUS = $.83US This chart shows a O a. weakening Australian dollar which makes it more expensive for Americans to buy Australian goods O b. weakening Australian dollar which makes it less expensive for Americans to buy Australian goods O c. strengthening Australian Dollar which makes it less expensive for Americans to buy Australian goods O d. strengthening Australian dollar which makes it more expensive for Americans to buy Australia goods
Transcribed Image Text:The exchange rates between the Australian dollar and the US dollar were as follows: Jun 11$AUS3 $.71US Jul 11$AUS = $.73US Aug 1 1$AUS= $.79US Sep 11$AUS = $.83US This chart shows a O a. weakening Australian dollar which makes it more expensive for Americans to buy Australian goods O b. weakening Australian dollar which makes it less expensive for Americans to buy Australian goods O c. strengthening Australian Dollar which makes it less expensive for Americans to buy Australian goods O d. strengthening Australian dollar which makes it more expensive for Americans to buy Australia goods
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