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how would a rise in the Australian dollars affect an Australian exporter and importer?

how would a rise in the Australian dollars affect an Australian exporter and importer?

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Answer #1

Australian dollars is rising that means other currencies are falling against Australian dollar. That means importers need to pay less in terms of foreign currency and exports should hold there exports because they will receive less money in terms of foreign currency.

So the conclusion is if the import and export country's currency is rising then do import and hold exports.

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