Suppose that a new trade agreement between Australia and Canada causes the exchange rate to change from CAD 0.9 /AUD to CAD 0.8 /AUD. Which currency has depreciated as a result of this trade agreement and by what percentage? CAD by 11.1% AUD by 11.1% AUD by 12.5% Neither currency has depreciated CAD by 12.5%

If the exchange rate between AUD and USD is AUD$1=USD$0.7, and the price of good A is AUD$2,000 in Australia, and USD$1,300 in the US. Calculate the real exchange rate of USD (the US) against AUD (Australia). Group of answer choices0.930.460.65More information needed

Consider the bilateral exchange rate between Australia and New Zealand. Suppose $1 AUD buys $1.05 NZD, the Australian price level is $100 AUD and the New Zealand price level is $110 NZD. Which of the following is TRUE?Group of answer choicesThe Australian dollar has more real purchasing power than the New Zealand dollarIn the long run, the New Zealand dollar is likely to depreciate against the Australian dollarThe real exchange rate is 0.90The real exchange rate is 1.10

Suppose the GDP of Australia is 100,000 AUD and the exchange rate between AUD and USD is  1.34 AUD=$1. What is the GDP of Australia when measured in USD? Round your answer to the nearest hundredth.

On 10 January 2016, you observed the following exchange rates: Canada-Australia: C$1.2 = AU$1 Japan-Australia: 120 yen = AU$1 Mexico-Australia: 8 pesos = AU$1 India-Australia: 45 rupees = AU$1 If the exchange rate on January 10, 2017, is AU$1 = 10 Mexican pesos, then: Question 3 Answer a. the Australian dollar has appreciated 20% against the Mexican pesos. b. the Australian dollar has depreciated 20% against the Mexican pesos. c. the Mexican peso has depreciated 10% against the Australian dollar. d. the Mexican peso has appreciated 10% against the Australian dollar.

Assume that the exchange rate between the dollar and the euro is​ €0.6 =​ $1. Suppose the exchange rate changes to​ €0.50 =​ $1. Because of the​ change: a. Australian exports should decrease and Australian imports should decrease. b. Australian exports should increase and Australian imports should decrease. c. Australian exports should increase and Australian imports should increase. d. Australian exports should decrease and Australian imports should increase.