Out-Of-Favor Aussie Acting Like an Emerging Market Currency
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Business, Social Studies
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University
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Hard
Wayground Content
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is the Australian dollar being treated like an emerging market currency?
Due to its close ties with China and global trade tensions
Because of its strong economic growth
Due to its high interest rates
Because it is an actual emerging market currency
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What domestic factor is contributing to the Australian dollar's weakness?
High inflation rates
Widening interest rate differential with the US
Strong domestic economic growth
Increasing exports
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How have Australian banks responded to rising global funding costs?
By lowering interest rates
By raising interest rates on mortgages
By increasing liquidity
By reducing loan offerings
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What percentage of Australia's GDP is linked to its trade with China?
8%
15%
10%
5%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the predicted future value of the Australian dollar according to the top forecaster?
80.5 US cents
75.0 US cents
70.6 US cents
85.0 US cents
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