Multiple Choice
If the British pound appreciates against the Australian dollar:
A) British businesses gain by a fall in the dollar price of exports to Australia.
B) British consumers gain by a fall in the pound price of Australian exports to Britain.
C) British consumers lose on account of a rise in the pound price of Australian exports to Britain.
D) Australian consumers gain by a fall in the dollar price of British exports to Australia.
Correct Answer:

Verified
Correct Answer:
Verified
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