hopeles5ly
Take Me Higher.
This is in relation to currency fluctuations and this is the dialogue from the skyes textbook. So can anyone please explain how it works as i forgot. Thanks ![Smile :) :)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
a fall in the value of the $A = increase value of other curriences -> imports more expensive, exports cheaper ->increase in competitiveness of Australian businesses
a rise in the value of the $A = decrease value of other currienecs -> imports cheaper, exports more expensive -> Fall in competivness of Australian businesses.
a fall in the value of the $A = increase value of other curriences -> imports more expensive, exports cheaper ->increase in competitiveness of Australian businesses
a rise in the value of the $A = decrease value of other currienecs -> imports cheaper, exports more expensive -> Fall in competivness of Australian businesses.